KARACHI: The National Bank of Pakistan (NBP) on Thursday reported a massive consolidated loss of Rs8.98 billion during the second quarter ended June 30 compared to a profit-after-tax of Rs15.85bn in the same period last year.

In a filing, the bank informed the stock market that the board of directors did not recommend any cash dividend, bonus issue/right shares or any other entitlement at its meeting held on Wednesday.

The bank’s loss per share stood at Rs4.28 in 2QCY24 compared to earnings per share of Rs7.42 in the same period last year.

Published in Dawn, August 30th, 2024