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Ahlibank Profits in Q3, 2017 Rise 3% to QR 518.15 Million
Earnings per Share (ESP) amounted to QR 2.59
October 17, 2017
Ahlibank net profit in the third quarter of the year stood at
QR 518.15 Million compared to net profit of QR 503.47 Million in
the corresponding period last year.
Earnings per Share (ESP) amounted to QR 2.59 versus QR 2.51 in
the corresponding period in 2016.
The
Group Securities Comment:
Total operating income for the nine months increased by 7.4% to
QR 777.7 Million, of which QR 622.9 Million was net interest
income. Total expenses increased by 17.7% to QR 259.6 Million.
Net profit increased by 2.9% to QR 518.2 Million. There was a
fair value loss of QR 4.9 Million, with a comprehensive income
of QR 513.2 Million.
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