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Ahli Bank Net Profit Rises 4% to QR 537.84
Million in Q3 2018
October 21, 2018
Ahli Bank net profit amounted to QR537.84
million, compared to QR518.14 million for the same period last
year, while the bank’s earnings per share reached to QR2.56,
versus QR2.46 for the corresponding period of 2017.
The Group’s Comments:
Ahli Bank’s total operating income for the
nine months ended on 30/09/2018 increased by 2.4% to QR796
million, while its total expenses decreased by 1% to QR258.2
million. The bank’s net profit until end of third quarter
increased by 3.8% to QR537.8 million. It should be noted that
there was a negative change in the fair value of QR6 million,
all resulted in the decrease of the comprehensive income to
QR531.8 million, compared to QR513.2 million in the
corresponding period of last year.
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