Doha: Salam International disclosed the interim financial statement for the three month period ended March 31, 2013. The statements revealed a net profit of QR11.6m in comparison to QR27.6m for the corresponding period in 2012, the company said in a statement. The earnings per share (EPS) amounted to QR0.10 as of March 31, 2013, as against QR0.24 during the same period in 2012.
Medicare Group net profit rises
Doha: Medicare Group disclosed the interim financial statement for the three month period ended March 31, 2013. The statements revealed a net profit of QR24.3m compared with QR23m for the corresponding period in 2012, the company said. The Earnings per Share (EPS) amounted to QR0.87 as of March 31, 2013. as against QR0.82 during the same period in 2012.
NBK’s profit rises slightly in Q1
KUWAIT CITY: National Bank of Kuwait reported yesterday a small rise in first-quarter net profit, citing the challenging operating environment. NBK posted a net profit of 81.3m dinars ($286m) in the first three months of 2013, up just 0.5 percent on 81m dinars ($284.5m) a year earlier. “Our consistency in delivering strong results is a testimony to our strong financial position and focus on core banking business despite a challenging operating environment,” CEO Ibrahim Dabdoub said. Assets grew by 25.4 percent to $63.4bn from a year earlier, while shareholders’ equity rose 5.1 percent to $8.3bn. NBK posted $1.08bn in net profit for 2012. NBK has branches in several Arab cities and foreign ones, including New York, London, Paris and Geneva.
QNA/AFP
