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TNB posts net income of $3.81 million in Q1 2023

2023-05-14

According to the financial statements of the National Bank TNB for the 1st Quarter of 2023, Net profit after tax of the period reached 3,808,088 USD Compared with Net profit after tax 2,766,766 USD for 2022, a net increase in profit of 37.64%.Total assets of the company reached 1,487,084,012 USD compared with total assets of 1,532,317,552 USD at the end of year 2022, a net decrease of 2.95%.Total liabilities of the company reached 1,318,218,425 USD compared with total liabilities of 1,367,693,390 USD at the end of year 2022, a net decrease of 3.61%. Net ownership equity of the company reached 168,865,587 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 164,624,162 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2022, a net increase of 2.58%.