KARACHI - The Board of Directors of Sindh Bank Limited in their meeting held on 18th March 2012 approved first annual accounts of the bank for the 2011, says a press release.

According to the report, the Sindh Bank Limited has posted Rs 1,140 million profit before tax and Rs 750 million after tax profit during the above-said period with a network of 50 branches at the end of its first year of operations. The profit earned during the year translated into an overall Earning per Share of Rs 0.75 which reflects a steady growth since inception.