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Silkbanks loss down

KARACHI: Silkbank Ltd has reported a lower loss after tax of Rs700.335 million for the third quarter ending September 30, 2010 compared to Rs1.33 billion in the corresponding period last year.
According to financial results of the company dispatched to Karachi Stock Exchange (KSE) here Thursday, the pre-tax loss also declined to Rs0.83 billion as loss per share dropped to Rs0.32 compared to Rs0.99 billion in the same period last year.

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