Mubasher: Khaleeji Commercial Bank (Al Khaliji) posted on Sunday a year-on-year fall of 51% in its profits for the second quarter of fiscal 2016.
Net profit amounted to BHD 1.34 million ($3.53 million) in Q2-16, versus BHD 2.73 million ($7.19 million) in Q2-15, according to a bourse filing.
Earnings per share reached 1.38 fils for Q2-16, compared to BHD 2.55 fils for the same quarter of 2015.
In the first half of fiscal 2016, the bank’s earnings came to BHD 4.17 million, 5.4% down from BHD 4.41 million in H1-15.
Al Khaliji earlier reported a net profit of BHD 2.85 million for Q1-16, 70.7% up from BHD 1.67 million in Q1-15.
