Mubasher: GFH Financial Group (GFH)reported a net profit of $ 12 million in 2015, down from $27.3 million for the previous year.
GFH reported as well, a full year financial results for 2015 with a consolidated profit of $29 million before provisions of $17 million.
Operating profit before provisions was $29 million, as compared to $41.5 million in 2014.
Total provisions in 2015 stood at $ 17 million against $14.1 million in 2014.