14.04.2011 - Qatar Islamic Bank Q1 profit gains 7 pct, below analyst forecast
Qatar Islamic Bank (QIB) posted a 7 percent jump in first quarter net profit on Wednesday, missing analysts forecasts, as net financing income gains were offset by a drop in fee income. The Gulf state's second-largest lender by market value earned 321 million riyals ($88.16 million) , up from 300.1 million riyals a year earlier. Analysts on average had forecast quarterly profit of 344.33 million riyals, according to a Reuters poll..............................................Full Article: Source
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