‘KHCB’ reports net profit of BD 10.88mln attributable to the shareholders in the first 9 months of 2022

‘KHCB’ reports net profit of BD 10.88mln attributable to the shareholders in the first 9 months of 2022

Manama, Kingdom of Bahrain: Khaleeji Commercial Bank (Trading Code: KHCB), one of the leading Islamic Banks in the Kingdom of Bahrain, has announced its third quarter financial results ended 30th September 2022, reporting a net profit of BD 4.074 million attributable to the shareholders of the bank, compared to BD 2.834 million for the same period of the previous year, which is an increase of 43.75%. The earnings per share reached 5.092 Fils, compared to 3.526 Fils for the same period of the previous year. Total Income before Return to Investment Account Holders for the third quarter of 2022 amounted to BD 16.722 million, compared to BD 12.712 million reported in the same period of the previous year, which is an increase of 31.54%. Income from financing and ijarah assets reached BD 9.598 million during the third quarter of this year, compared to BD 7.196 million for the same period in 2021, which is an increase of 33.38%.

The bank has reported a net profit of BD 10.88 million attributable to the shareholders of the bank in the first nine months of this year, compared to net profit of BD 8.84 million for the same period of the previous year, which