Al Ahli Bank Discloses Q3 Financial Statement

Doha, October 19 (QNA) - Al Ahli Bank also disclosed its financial statements for the third quarter of 2016, showing a net profit of QR 503.4 million compared to QR 505.6 million for the same period of the previous year. Earning Per Share amounted to QR 2.64 in the 1st half of 2016 compared to QR 2.65 for the same period of the previous year. Net Interest Income meanwhile came in at QR 548.6 million, down from the QR 570.7 million achieved during the same period of last year. The company's equity meanwhile grew to QR 4,763.3 million, compared to QR4,426.2million achieved in the first nine months of 2015. This represents a growth of 7.6%. (QNA)