Apna Microfinance Bank Reports Decline in EPS for Fiscal Year 2022/2023

Karachi, Apna Microfinance Bank Ltd. (AMBL) has disclosed its financial outcomes for the fiscal year ending December 2022/2023, revealing a negative earnings per share (EPS) of Rs. (10.47). Despite this downturn, the bank maintained its capital at Rs. 4,289.85 million, opting not to distribute any dividends for the period. The stock fluctuated in the market, with today's rate at Rs. 15.05, reflecting the challenges faced during the fiscal year. Established in 2005, Apna Microfinance Bank has been active on the Pakistan Stock Exchange since its listing but struggled in the latest fiscal year, as indicated by its performance metrics.