Summit Bank Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest loss was PKR 603.83 million compared to PKR 498.86 million a year ago. Net loss was PKR 799.3 million compared to net income of PKR 494.54 million a year ago.
For the six months, net interest loss was PKR 1,011.59 million compared to PKR 979.7 million a year ago. Net loss was PKR 1,733.84 million compared to PKR 686.62 million a year ago. Basic loss per share from continuing operations was PKR 0.43 compared to PKR 0.26 a year ago. Diluted loss per share from continuing operations was PKR 0.43 compared to PKR 0.26 a year ago.