Dubai – Mubasher: Al Salam Bank – Bahrain reported a 4.4% decline in its profits year-on-year during the first quarter of 2017, according to a bourse statement.
Profits reached BHD 4.3 million ($11.33 million) in Q1-17, compared to BHD 4.5 million ($11.86 million) in Q1-16.
Total operating income reached BHD 15.19 million in Q1-17, compared to BHD 12.55 million in Q1-16.
The company posted operating expenses of BHD 5.86 million in Q1-17, a decline of 8.6% from BHD 6.41 million in Q1-16.
