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Ahli Bank logs QAR 537m profit in Q3

Ahli Bank logs QAR 537m profit in Q3
EPS amounted to QAR 2.56 for the period ended 30 September
Al Ahli
ABQK
0.03% 3.71 0.00

Mubasher: Ahli Bank on Thursday reported an increase in its profits for the third quarter of 2018.

Net profits amounted to QAR 537.84 million in Q3-18, compared to QAR 518.14 million in Q3-17, according to the bank’s statement to the Qatar Stock Exchange (QSE).

Earnings per Share (EPS) amounted to QAR 2.56 for the period ended 30 September, from QAR 2.46 in the same period of the previous year.

As for the first half of 2018, Ahli Bank’s profits grew 3.2% to QAR 353.24 million, from QAR 342.21 million in H1-17

By the end of Thursday’s session, Ahli Bank’s stock jumped 5.08% at QAR 31.