Financial results of National Bank of Pakistan for Quarter ended June 30, 2021

Financial Results

Karachi, National Bank of Pakistan informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 26, 2021.

The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 9,202,919and Rs. 9,257,244 with earnings per share 4.31 and 4.35 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

National Bank of Pakistan was incorporated in Pakistan. The Bank is engaged in providing commercial banking and related services in Pakistan and Overseas. The Bank also handles treasury transactions for the Government of Pakistan (GoP) as an agent to the State Bank of Pakistan.

The total number of shares of the Company are 2,127,512,862. The Earnings per share of the Company is 14.36 in 2020 which was 7.43 in 2019. The Profit after Taxation is 30,558,919,000 in 2020 which was 15,809,811,000 in 2019.