Habib Bank Announces Strong Quarterly Earnings

Karachi, Habib Bank Ltd. showcased impressive financial figures for the first quarter of 2024, with an EPS of Rs 21.04. Today's trading rate peaked at Rs 117.41, marginally lower than the year's high of Rs 120.81. A remarkable turnover was recorded with 106,444,941 shares traded. The bank has announced a generous 67.5% distribution for the previous year and a notable 97.5% distribution for 2024, with an additional interim distribution of 40%.