Updated on
Summary MCB Bank shares were trading 3.87 percent lower at 178.55 rupees till afternoon.
Pakistans MCB Bank reported on Tuesday a net profit of 19.42 billion rupees ($213.88 million)for the year ended on Dec. 31, compared with 16.87 billion rupees earned last year.MCB Bank, in which Malaysias Maybank holds a 20 percent stake, also announced a cash dividend of 3 rupees per share.MCB Bank shares were trading 3.87 percent lower at 178.55 rupees by 12:52 p.m. (0752 GMT), in a broader market that was down 0.08 percent. ($1 = 90.8000 Pakistani rupees)
