Bahrain’s Ahli United Bank , the country’s largest by market value, posted a net profit decline of 9 percent to $68.38 million in the third quarter compared to the same period in 2007.
Third-quarter earning were calculated by newswire Reuters based on previous financial data as the lender reported nine-month profit which rose 24 percent to $280 million.
In the first nine months of 2007 it made a net profit of $225.9 million.
It said the earnings per share reached $0.61 in the nine months to Sept. 30 compared to $0.55 in the same period a year earlier. (Reuters)
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
