UAE In-focus: ADIB Q1 net profits rise 54% to $300m

[ad_1]

RIYADH: Abu Dhabi Islamic Financial institution introduced a 54 p.c enhance in web revenue to 1.1 billion dirhams ($300 million) within the first quarter of 2022 in comparison with 715 million dirhams in the identical interval of final yr, pushed by stable enterprise progress and higher margins.

The financial institution’s revenues booked a forty five p.c rise within the first three months of 2023 to 2 billion dirhams in comparison with 1.4 billion dirhams within the year-ago interval.  

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *