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Faisal Islamic Bank sees 36.3% higher standalone profits by September-end

Faisal Islamic Bank sees 36.3% higher standalone profits by September-end
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Cairo – Mubasher: The unaudited standalone net profits of Faisal Islamic Bank of Egypt increased by 36.30% year-on-year (YoY) by the end of September 2022 to stand at EGP 2.29 billion, compared to EGP 1.68 billion.

Basic earnings per share (EPS) grew by 13.50% on an annual basis by the end of last September, reaching EGP 3.53 from EGP 3.10, according to a stock exchange statement on Sunday. 

In the meantime, revenues of the EGX-listed lender amounted to EGP 10.26 billion by September-end, an annual jump of 27.40% when compared to EGP 8.05 billion.