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AFS net profit surges 275pct

Posted on 22 March 2010

From Tradearabia.com: Arab Financial Services Company (AFS), a leading provider of electronic-payments and consumer finance-outsourcing services in the region, has registered a 275 per cent growth in its annual profit which soared to $4.3 million.

The company said that this was achieved on a gross revenue of $17.4 million, up 16 per cent year-on-year, noting that its core card processing business also grew by 16 per cent to $15.8 million………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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