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TNB records $1.88 million net income in Q1 2014

2014-04-16

According to The National Bank Company TNB’s data for the first three months of the year, net profit before taxes reached 1,878,000 USD, compared with a net profit before taxes of 814,909 USD from the first three months of 2013, a net increase of 130.5%. Total assets of the company reached 540,964,128 USD as of March 31st, 2014, compared to total assets of 529,598,977 USD as of December 31st, 2013, a net increase of 2.1%. Total liabilities of the company reached 484,368,369 USD as of March 31st, 2014, compared to total liabilities of 474,632,959 USD as of December 31st, 2013, a net increase of 2.1%. Net ownership equity of the company reached 56,595,759 USD as of March 31st, 2014, compared with net ownership equity of 54,966,018 USD as of December 31st, 2013, a net increase of 3.0% in the first three months.

 


 

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