KARACHI: Soneri Bank Ltd on Thursday announced that its profit-after-tax (PAT) fell 2.8 per cent to Rs5.901bn in 2024 from Rs6.075bn in the preceding year.

At the 33rd Annual General Meeting (AGM) held in Lahore on Thursday through a video link via Zoom, shareholders approved the bank’s annual audited financial statements for the year ended Dec 31, 2024.

Earnings per share (EPS) eased to Rs5.35 from Rs5.51 in 2023.

The AGM also approved a final cash dividend of Rs1.75 per share in addition to the interim cash dividend of Rs1.25 per share already paid.The bank’s net interest income for the year was reported at Rs24.948bn, increasing by 9.62pc from Rs22.759bn in 2023, while non-interest income increased by 4.58pc to Rs6.755bn against Rs6.459bn in the preceding year.

Published in Dawn, March 14th, 2025