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TNB posts net income of $19.25 million at the end of 2018

2019-02-17

According to the financial statements of the National Bank TNB for the year 2018, Net profit after tax of the period reached 19,255,855 USD Compared with Net profit after tax 9,204,749 USD for 2017, a net increase in profit of 109.19%.Total assets of the company reached 2,205,373,610 USD compared with total assets of 1,079,399,362 USD at the end of year 2017, a net increase of 104.31%.Total liabilities of the company reached 2,016,830,274 USD compared with total liabilities of 981,832,185 USD at the end of year 2017, a net increase of 105.41%. Net ownership equity of the company reached 188,543,336 USD (Including Non-Controlling Interests of 95,458,212 USD) compared with total owner equity of 97,567,177 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2017, a net increase of 93.24%.