KARACHI (PR) United Bank Limited achieved a consolidated profit after tax of Rs.15.0 billion for the first nine months of 2012, which is 42pc higher than the corresponding period last year. This translates into earnings per share of Rs 12.20. The Board of Directors in their meeting held on October 31, 2012 also approved an interim cash dividend of 20pc i.e. Rs 2.00 per share bringing the total cash dividend to 50pc i.e. Rs 5.0 per share during 2012.Despite testing times, UBL has achieved significant growth in profitability through growth in the balance sheet, improved non fund income and lower provisions.