Overall performance was "negatively" impacted by adverse currency movements and the security situation in Iraq, Ooredoo said, adding excluding the negative foreign exchange impact in Indonesia, Algeria, and Tunisia, group revenue would have increased by 3% and group net profit
would have decreased by 24%.
In the final week of April Finansbank, owned by National Bank of Greece said on Wednesday that its net profit
in the first quarter more than doubled to TL 283 million ($106.
4 per cent rise in second-quarter net profit
on Monday, slightly below analysts' views.
Credit Agricole Egypt (CAE) reported a net profit
of EGP 163 million in 3Q2013, up 52% YoY but down 21% QoQ.
In the second quarter of 2013 (2Q2013), Group net profit
On a GAAP basis, the company reported a net profit
of USD 287m for Q2 '13 or USD 1.
Other sectors of health care benefitted from net profit
margins of up to 16.
Gains from government bond investment and firmer stock prices helped push up net profits
at three of Japan's five major banking groups in the April-December period.
Industrial sector was also a notable gainer, with its aggregate net profit
increasing by 47.
Analysts polled by Reuters on average expected the firm to post a quarterly net profit
For Commercial Bank of Qatar (CBQ) Beltone Financial has predicated a QR400 million net profit
in Q2 while Global Investment House saw it at QR408 million.
Six of the eight sectors witnessed decline in their net profit
in the first quarter, while only two sectors managed to increase net profit
According to a TBB report, state-owned banks posted a total net profit
Auto Business News-5 August 2010-BMW reports net profit
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22pc last year but elsewhere the trend was downward with the Bahraini banking sector reporting the biggest losses in net profit
as it declined by 35.