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TNB records net income of $2.77 million in Q1 2017


According to the financial statements of the National Bank TNB for Q1 2017, Net profit after tax of the period reached 2,774,876 USD Compared with Net profit after tax 2,534,114 USD for 2016, a net increase in profit of 9.50%.Total assets of the company reached 1,169,031,477 USD compared with total assets of 957,088,864 USD at the end of year 2016, a net increase of 22.14%.Total liabilities of the company reached 1,073,342,993 USD compared with total liabilities of 864,593,301 USD at the end of year 2016, a net increase of 24.14%. Net ownership equity of the company reached 95,688,484 USD compared with total owner equity of 92,495,563 USD at the end of year 2016, a net increase of 3.45%.




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