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Bank Dhofar Q3 profit rises 32%

Bank Dhofar Q3 profit rises 32%
Net profit increased 10.4% to OMR 36.87 million in the first nine months of 2016 (Photo credit: Bank's website)
Bank Dhofar
BKDB
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Mubasher: Bank Dhofar’s profits for the third quarter of the fiscal year 2016 grew by 32.2% to OMR 14.24 million ($36.36 million), versus OMR 10.77 million ($27.88 million) for Q3-15.

In the first nine months of 2016, net profit increased 10.4% to OMR 36.87 million from OMR 33.4 million for the same period of 2015, according to a bourse filing released on Thursday.

The bank earlier posted a net profit of OMR 12.61 million for Q2-16, compared to OMR 10.85 million for Q2-15.