Mubasher: Al Salam Bank – Bahrain achieved a decline of 10.6% in profits during the second quarter of 2018 compared to the same period a year ago.
Earnings declined to BHD 4.09 million in Q2-18 from BHD 4.58 million in Q2-17, according to a bourse filing on Wednesday.
Al Salam Bank, which is listed on both Bahrain Bourse (BHB) and the Dubai Financial Market (DFM) reported a profit of BHD 9.42 million during the first half of 2018 compared to BHD 9.44 million in the same half a year ago.
It is noteworthy that Al Salam Bank’s profits increased to BHD 5.4 million in the first quarter of 2018 compared to BHD 4.9 million in the corresponding period a year ago.
