Bank Alfalah Limited Reports Strong First Quarter Earnings and Declares Dividend

Karachi, Bank Alfalah Limited has disclosed its financial results for the first quarter of 2024. In its unconsolidated form, the bank declared a 20% dividend and posted a profit before tax of PKR 19,709.562 million and after tax of PKR 9,911.509 million, translating to earnings per share of PKR 6.28. The consolidated results indicated a profit before tax of PKR 19,814.797 million and after tax of PKR 9,927.942 million, with earnings per share slightly higher at PKR 6.31. The book closure dates will be from May 7 to May 9, 2024.