Allied Limited held (ABL): 1QCY25 Analyst Briefing Takeaways - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Allied Limited held (ABL) its analyst briefing today where in the bank discuss 1QCY25 results and its future outlook. Following are the key takeaways.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bank posted a profit of PkR8.2bn (EPS:PkR7.15) in 1QCY25, down 28%YoY. The decline was due to contraction in Net Mark-up Income and an uptick in operating expenses during the quarter. Additionally, the Board of Directors also approved an interim cash dividend of PkR4.0/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bank&rsquo;s net mark-up income declined by 13%YoY to end at PkR25.4bn for the quarter. Specifically, the bank's interest income and expens...