23.09.2010 - Islamic Bank of Britain pre-tax loss narrows
From StockMarketWire.com: Islamic Bank of Britain posts a pre-tax loss of £4.3m for the six months to the end of June compared with $4.6m a year ago. Operating income fell to £694,979 - down from £1,0m last time - and it had cash and cash equivalents of £4.7m against £3.6m at the corresponding stage in 2009. Chairman Mohsen Moustafa said: "The board expects the challenging market conditions to persist through the remainder of the financial year.".............................................Full Article: Source
Print