KD 357.7 mn net profit for KFH shareholders for 2022, an increase of 47.0% – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

KD 357.7 mn net profit for KFH shareholders for 2022, an increase of 47.0% – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

This post has been read 3804 times!

KUWAIT CITY, Feb 6: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that, by the grace of Allah, KFH has reported net profit of KD 357.7 million attributable to the shareholders of the bank for the year ended 2022; an increase of 47.0% compared to 2021. Ahli United Bank – Bahrain contributed to the profit with an amount of KD 62.5 million or 17.5% which represents the results of AUB for the period from the date of the acquisition on October 2, 2022, until end of FY22, following the successful completion of the acquisition of 100% of Bahrain`s Ahli United Bank by KFH, and the listing and trading of its shares on Bahrain Bourse on October 6, 2022.