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TNB records net income of $5.55 million in Q1 2018

2018-04-26

According to financial statements of the National Bank TNB for the first quarter of 2018, Net profit after tax of the period reached 5,551,000 USD Compared with Net profit after tax 2,774,876 USD for 2017, a net increase in profit of 100.05%.Total assets of the company reached 2,172,368,560 USD compared with total assets of 1,079,399,362 USD at the end of year 2017, a net increase of 101.26%.Total liabilities of the company reached 1,977,400,603 USD compared with total liabilities of 981,832,185 USD at the end of year 2017, a net increase of 101.39%. Net ownership equity of the company reached 194,967,957 USD (Including None-Controlling Interests of 94,439,396 USD) compared with total owner equity of 97,567,177 USD at the end of year 2017, a net increase of 99.83%.