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AIB reports net income of $3.37 million in H1 2018

2018-09-04

According to the financial statements of Arab Islamic Bank AIB for the first half of 2018, Net profit after tax of the period reached 3,372,651 USD Compared with Net profit after tax 4,010,133 USD for 2017, a net decrease in profit of 15.90%.Total assets of the company reached 1,020,946,793 USD compared with total assets of 1,041,103,696 USD at the end of year 2017, a net decrease of 1.94%.Total liabilities of the company reached 945,018,608 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) compared with total liabilities of 934,107,781 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) at the end of year 2017, a net decrease of 1.16%. Net ownership equity of the company reached 98,903,185 USD compared with total owner equity of 106,995,915 USD at the end of year 2017, a net decrease of 7.56%.

 


 

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