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Islamic Finance Briefing - Categorized | Banking, Performance more

Bank Dhofar Q4 net rises

Posted on 15 January 2010

From Tradearabia.com: Bank Dhofar’s fourth-quarter net profit rose more than four-fold, but fell short of analysts’ expectations, according to a statement on the Muscat bourse’s website on Thursday.

Fourth-quarter net profit at Oman’s second-biggest bank by market value jumped to 6.56 million Oman rials ($17.04 million) from 1.51 million rials in the year-ago period. The fourth-quarter figure is based on Reuters calculations, as the statement did not provide a quarterly breakdown………………………………….Full Article: Source

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