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Ajman Bank posts 28% rise in FY18 profit
2019-01-17 14:08:12 GMT
(Economies.com)
The Dubai-listed Ajman Bank on Thursday posted 28.2% growth in net profit for the fiscal year 2018 to AED 170 million, compared with AED 132.6 million a year earlier.
Operating revenues fell to AED 546.9 million, from AE 565.7 million, while expenses declined to AED 376.8 million, from AED 433.1 million.
The bank earlier posted a net profit of AED 40.8 million for the third quarter of 2018, compared with a net profit of AED 39.2 million for the corresponding quarter of 2017.
Net profit for the first nine months of 2018 also rose to AED 119.8 million, compared with a net profit of AED 94.5 million for the same period in 2017.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0747
|
0.0095
|
0.8876%
|
|
|
|
|
1.2630
|
0.0067
|
0.5365%
|
|
|
|
|
22.111
|
0.200
|
0.913%
|
|
|
|
|
113.987
|
3.848
|
3.494%
|
|
|
|
|
117.15
|
-0.39
|
0.33%
|
|
|
|
|
1853.700
|
-2.735
|
0.147%
|
|
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