Doha – Mubasher: Qatar’s Ahli Bank posted on Tuesday a fall of 2.8% year-on-year in its profit for the first quarter of the fiscal year 2016.
Net profit reached QAR 164.9 million ($45.25 million) in Q1-16, versus QAR 169.6 ($46.54 million) in Q1-15.
Earnings per share reached QAR 0.86 ($0.24) in the January-March period of this year, compared to QAR 0.89 ($0.24) in the same period of 2015.
The Qatar-listed bank earlier reported a net profit of QAR 647.72 million ($177.8 million) in 2015, against QAR 601.27 million ($165.12 million) in 2014.
