‘KHCB’ reports BD 6.81mln net profit attributable to the bank’s shareholders in the first half of 2022

‘KHCB’ reports BD 6.81mln net profit attributable to the bank’s shareholders in the first half of 2022

Manama, Kingdom of Bahrain: Khaleeji Commercial Bank B.S.C (Trading Code: KHCB) has recently announced its financial results for the second quarter ended 30th June 2022, reporting a Net Profit Attributable to the Bank’s Shareholders of BD 3.362 million, compared to BD 3.901 million for the same period of the previous year, with a decrease of 13.82%. Earnings per Share amounted to 0.45 Fils, compared to 1.12 Fils for the same period last year. Total Income before Return to Investment Account Holders for the second quarter of 2022 amounted to BD 13.208 million, compared to BD 15.611 million reported in the same period of the previous year, with a decrease of 15.39%.

As for the biannual financial results for the period ended 30th June 2022, KHCB reported a Net Profit Attributable to the Bank’s Shareholders of BD 6.810 million, compared to BD 6.007 in the first half of last year, with an increase of 13.37%, while Earnings per Share for the period ended 30th June 2022 amounted to 4.74 Fils, compared to 3.74 Fils for the first half of the previous year. Total Income before Return to Investment Account Holders for the period ended 30th June 2022 amounted to BD 26.911 million,