Ahli Bank Net Profit in Q1, 2017 Rise 3% to QR 170 Million 

Earnings per Share (EPS) amounted to QR 0.85

 

April 17, 2017

 

Ahli bank disclosed its financial statements for the period ended on 31.03. 2017.The statements shows that the net profit is QR 170.021.039 Compared to net profit amounting to QR 164.983.817 For the same period of the previous year.

Earnings per Share (EPS) amounted to QR 0.85 For the period ended March 31, 2017 to EPS / amounted to QR 0.82 for the same period of the previous year.

The Group's Comment

Ahli Bank's total operational income increased by 3.5% to 253.7 million in the first quarter of 2017, including QR 202.3 million as net interest revenues. In contrast, total expenses rose by 4.5% to QR 83.7 million. As result, the profit made in this period amounted to QR170 million, or 3% increase.