Mubasher: Ahli United Bank, listed on the Bahrain Bourse (BHB) and the Kuwait Stock Exchange (KSE), posted on Wednesday a net profit of $153.98 million for the third quarter of fiscal 2016, 0.65% down from $154.99 million for Q3-15.
Net profit for the first nine months of 2016 grew by 6.4% to $488.07 million from $458.66 million for the same period last year, according to a bourse filing.
Operating income fell by 14.8% in Q3-16 to $260.74 million, compared to $305.99 million for Q3-15.
AUB earlier posted a net profit of $301.2 million for the first half of 2016, 8.2% up from $278.37 million for H1-15.
The stock closed today’s trading in BHB with a fall of 1.58%, while stood at 190 fils in KSE.
