Islamic Holding Group Discloses Its Financial Statements for Three -Month Period Ended March 31, 2017

April 19, 2017

Islamic Holding Group disclosed the interim financial statement for the three-month period ended March 31, 2017. The financial statements revealed a net profit / QR 1.309.809 in comparison to net profit / QR226.857 for the same period of the previous year.

The Earnings per Share (EPS) /per share amounted to QR 0 .23 As of March 31, 2017 versus EPS / per share QR 0.04 of the same period in 2017

The Group's Comment

Islamic Holding Group's net operational income increased by 43.2% to QR 3.4 million, including QR 2.8 million net income from commission and brokerage. Expenses dropped by 4.5% to QR 1.91 million. As result, the profit posted in this quarter amounted to QR 1.31 million, including QR 226,000 in the same period last year.