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QUDS posts net income of $3.89 million in Q1 2025

2025-05-18

According to the financial statements of Al-Quds Bank QUDS for the 1st Quarter of 2025, Net profit after tax of the period reached 3,888,612 USD Compared with Net profit after tax 2,616,489 USD for 2024, a net increase in profit of 48.62%.Total assets of the company reached 1,568,448,513 USD compared with total assets of 1,534,994,144 USD at the end of year 2024, a net increase of 2.18%.Total liabilities of the company reached 1,395,134,426 USD compared with total liabilities of 1,367,896,358 USD at the end of year 2024, a net increase of 1.99%. Net ownership equity of the company reached 173,314,087 USD (Including Non-Controlling Interests of 2,948,229 USD) compared with total owner equity of 167,097,786 USD (Including Non-Controlling Interests of 2,768,476 USD) at the end of year 2024, a net increase of 3.72%.