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Doha Bank posts QAR 352m in Q2

Doha Bank posts QAR 352m in Q2
The Qatari bank's profits amounted to QAR 352 million ($94.3 million) in Q2-17, compared to QAR 354 million ($94.8 million) in Q2-16
Doha Bank
DHBK
-0.27% 1.49 -0.00

Mubasher: Doha Bank on Wednesday said that its profits decreased 0.56% in the second quarter of 2017, compared to the year-ago period.

The Qatari bank's profits amounted to QAR 352 million ($94.3 million) in Q2-17, compared to QAR 354 million ($94.8 million) in Q2-16, according to a bourse filing.

In the first six months of 2017, Doha Bank’s profits rose slightly by 1.1% to reach QAR 716 million, from QAR 708 million in H1-16.

Earnings per share (EPS) in the period ended June 2017 amounted to QAR 2.56, compared to QAR 2.65 in the corresponding period in the year before.

Doha Bank’s stock rose 0.17% to QAR 30.19, with 316,020 shares exchanged, generating QAR 9.54 million, on Wednesday.