The Board of Directors of Sindh Bank approved the annual audited accounts for the period ending December 31, 2023. In the financial year, the Bank recorded a profit before tax of Rs 657 million, with a consistent growth trajectory throughout the year. This was backed by record quarterly profits, contrasting with a loss before tax of Rs. 2,269 million reported same period last year in 2022.
Profit after tax amounted to Rs 2.16 billion compared to post tax loss of Rs. Rs.1.38 billion last year, with earnings per share reported at Rs 0.72compared to loss per share of Rs (0.54) in last year same period. Source