Doha – Mubasher: Qatar International Islamic Bank (QIIB) said that first-quarter profits rose by 5.1% to QAR 223.1 million ($61.22 million) this year, compared to QAR 212.3 million ($58.25 million) in Q1-15.
Earnings per share increased in the January-March period to QAR 1.47 ($0.40) from QAR 1.40 ($0.38) in the same period of 2015, according to the bank’s financial statements.
QIIB, listed in Qatar Stock Exchange (QSE), earlier reported a net profit of QAR 784.2 million ($215.35 million) in 2015, with a fall of 5% compared to QAR 825.8 million ($226.77 million) in 2014.
