On Thursday, Faysal Bank Limited (FBL) disclosed its financial results to the Pakistan Stock Exchange (PSX) for the fiscal year that concluded in December 2022 (FY22).
In comparison to the previous year, the bank’s net profit increased by 37% to Rs 11.4 billion. The bank’s overall net income was Rs 49.5 billion, up 42% from the previous year.
In comparison to the same period the previous year, the bank reported a profit before tax of Rs 22.7 billion, an increase of 65%.
FBL still reported a record profit after tax (PAT) of Rs 11.4 billion compared to Rs 8.3 billion last year, despite a super tax on the bank’s revenues.
