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TNB posts net income of $7.40 million at the end of 2016

2017-02-15

According to the financial statements of the National Bank TNB for the year 2016, Net profit after tax of the period reached 7,402,240 USD Compared with Net profit after tax 5,441,591 USD for 2015, a net increase in profit of 36.03%.Total assets of the company reached 957,088,864 USD compared with total assets of 820,268,531 USD at the end of year 2015, a net increase of 16.68%.Total liabilities of the company reached 864,593,301 USD compared with total liabilities of 730,449,453 USD at the end of year 2015, a net increase of 18.36%. Net ownership equity of the company reached 92,495,563 USD compared with total owner equity of 89,819,078 USD at the end of year 2015, a net increase of 2.98%.