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TNB realizes net loss of $0.98 million in H1 2020

2020-09-03

According to the financial statements of the National Bank TNB for first half of 2020, Net Loss after tax of the period reached (976,577) USD Compared with Net profit after tax 9,085,196 USD for 2019.Total assets of the company reached 2,351,378,244 USD compared with total assets of 2,421,675,019 USD at the end of year 2019, a net decrease of 2.90%.Total liabilities of the company reached 2,158,642,849 USD compared with total liabilities of 2,226,064,716 USD at the end of year 2019, a net decrease of 3.02%. Net ownership equity of the company reached 192,735,395 USD (Including Non-Controlling Interests of 98,814,805 USD) compared with total owner equity of 195,610,303 USD (Including Non-Controlling Interests of 99,163,149 USD) at the end of year 2019, a net decrease of 1.47%.