Dubai - Mubasher: GFH Financial Group reported profits of $213.2 million in the fourth quarter of 2016 against losses of $9.6 million in the same quarter of the previous year.
The company announced that net profit attributable to shareholders jumped to $217.12 million in 2016 compared to losses of $5.52 million in 2015, due to the deduction of provisions, according to a bourse filing.
Net assets also grew from $2.65 billion in 2015 to $3.3 billion in 2016.
