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HomeFinanceStock MarketUBL ka record result, Profit PKR 14.5bn

UBL ka record result, Profit PKR 14.5bn

UBL ne apne 1QCY23 ka result announce kiya jis mein consolidated PAT of PKR 14.2bn (EPS: PKR 11.6 record kiya gaya, jo ke 6.2/53.3% QoQ/YoY se zyada hai.

Alfaha CLSA ki report kay mutabiq Ubl ke ikhrajat (lower provisioning expense) or zyada foreign exchange income ki waja se results hamari expectations se zyada tha. Quarter ke liye PKR 2.7bn ka provisioning expense book kiya gaya tha baki rest of the heads lined up broadly.

Bank ne PKR 11/share interim dividend, estimation se zyada pay kiya. Note ki jay ke UBL ne last year se payout ratio increase kiya hai jab is ne apni earning ka 85% pay kiya tha.

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