Financial results of Escorts Investment Bank Limited for period ended September 30, 2015

Karachi: Escorts Investment Bank Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore on October 31, 2015.

The agenda of the meeting was discussion of un-audited interim profit and loss account for Quarter ended September 30, 2015 which portrayed a loss of Rs. 16,626,721 and loss per share 0.38 basic and diluted and consolidated un-audited interim profit and loss account for Quarter ended September 30, 2015 which portrayed a Profit of Rs. 12,352,238 and earnings per share 0.28 basic and diluted.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.