Doha: Dukhan Bank's net profit increased by 3 percent in the first nine months of this year to reach QR 1.141 billion, compared to QR 1.107 billion for the same period last year. Data issued by the bank and published on the Qatar Stock Exchange website showed an increase in earnings per share to QR 0.209 in the period ending September 2024, compared to earnings per share of QR 0.203 for the same period of the previous year. The growth in the bank's net profit comes as a result of a 17 percent growth in financing activity revenues, and a 33 percent increase in investment activity revenues, which resulted in a 16 percent increase in total revenues. The growth in financing revenues also reflects the positive development in the financing portfolio. Source: Qatar News Agency
Related Articles
Federal Police forces arrest a person accused of impersonating an officer in Baghdad
Baghdad, Federal Police forces arrested an accused of impersonating an officer in Baghdad.
The Federal Police Command stated in a statement: ‘A Federal Police force, with the support of the intelligence effort, arrested an accused person accused of i…
US Budget Deficit Rises to $244 billion in July
The US Treasury Department has announced that the government recorded a budget deficit on an annual basis of $244 billion last July, an increase of 10 percent compared to the same month last year.
The Department explained, in a statement Monday, that…
Turkey and Iraq discuss cooperation in energy and development
Turkish Minister of Energy and Natural Resources / Alparslan Bayraktar / discussed with Mohammed Al-Najjar, Advisor to the Iraqi Prime Minister for Investment Affairs, the two countries’ cooperation in the fields of energy and development.
Bayraktar…