Bank Makramah Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest loss was PKR 711.3 million compared to PKR 710.3 million a year ago. Net loss was PKR 2,052.22 million compared to PKR 1,326.35 million a year ago. Basic loss per share from continuing operations was PKR 0.34 compared to PKR 0.5 a year ago. Diluted loss per share from continuing operations was PKR 0.34 compared to PKR 0.5 a year ago.
For the nine months, net interest loss was PKR 1,722.88 million compared to PKR 1,690 million a year ago. Net loss was PKR 3,786.06 million compared to PKR 2,012.96 million a year ago. Basic loss per share from continuing operations was PKR 0.77 compared to PKR 0.76 a year ago. Diluted loss per share from continuing operations was PKR 0.77 compared to PKR 0.76 a year ago.