Mubasher: United Gulf Bank’s (UGB) profits surged 640.4% year-on-year to BHD 132,160 ($348,000) in the second quarter of 2016 from BHD 17,850 ($47,000).
The bank’s profits hiked 258.8% to $775,000 in the six-month period of 2016 from $216,000 in the year-ago period, according to a bourse filing on Wednesday.
