Pan Asia Banking Corporation PLC reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported profit after tax (PAT) of LKR 304 million recording a 72% growth from the same quarter last year. The earnings per share for the quarter rose to LKR 4.13 from LKR 2.43 a year ago. Profit before tax rose at an even higher rate of 79% year-on-year to LKR 484.5 million in the March quarter. ROE has increased up to 20.83% from 14.88% a year ago.