Mubasher: Investcorp Bank posted a decline of 30% in profits during the six months ended 31 December, 2016 as compared to the corresponding period of 2015.
Earnings shrank to $35.62 million in the six-month period ended 31 December, 2016 from $50.9 million in the same period a year ago, according to a bourse filing issued on Thursday.
Earnings per share reached $0.48 in the first half ended 31 December, 2016 when compared to $0.71 in the same half in the prior year.
