Bank Alfalah earns Rs9.2bn.

KARACHI -- Bank Alfalah recorded a post-tax profit of Rs9.242 billion, translating into earnings per share of Rs5.20 at the end of the third quarter of 2019.

This was up from a profit of Rs8.629bn in corresponding period last year, said a press release issued on Saturday.

The bank's pre-tax profits jumping by 16 per cent from a year ago, driven by revenue growth of 29pc. Higher spreads along with improved average deposits, rising advances and effective balance sheet management have contributed to a strong rise in net interest income.

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