Karachi July 19 2023: United Bank Limited reported profit of PKR 12.4 billion for the second quarter ended June 2023 on PKR 3.1 billion reversal of provisioning, according to Banks filing to the exchange.
Bank has also announced cash dividend of PKR 11.0 per share with the result.
Share price of the bank increases by 2.4 percent or PKR 3.28 per share after the announcement.