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From Alwatandaily.com: Kuwait’s Gulf Bank swung to a second-quarter (Q2) net profit of 1.48 million Kuwaiti dinars (5.14 million US dollars) from a loss of KD 9.1 million a year earlier, buoyed by a one-off disposal.
Gulf Bank in a statement on Monday reported a net profit of KD 2 million for the first half (H1) to June 30. Reuters calculated the Q2 net profit by subtracting its Q1 net of KD 524,000……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Performance more
Gulf Bank posts Q2 net profit of $5.14 mln
| Posted on 27 July 2010 |
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