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QUDS records net income of $3.64 million in H1 2014

2014-08-17

According to Al-Quds Bank Company QUDS’s data for the first six months of the year, net profit after taxes reached 3,644,041 USD, compared with a net profit after taxes of 2,639,207 USD from the first six months of 2013, a net increase of 38.1%. Total assets of the company reached 596,674,935 USD as of June 30th, 2014, compared to total assets of 532,582,375 USD as of December 31st, 2013, a net increase of 12.0%. Total liabilities of the company reached 529,196,393 USD as of June 30th, 2014, compared to total liabilities of 467,590,455 USD as of December 31st, 2013, a net increase of 13.2%. Net ownership equity of the company reached 67,478,542 USD as of June 30th, 2014, compared with a net ownership equity of 64,991,920 USD as of December 31st, 2013, a net increase of 3.8%in the last six months.

 


 

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