Friday 26 October 2012

Kuwait's KFH posts 33% rise in Q3 net profit - Banking & Finance - ArabianBusiness.com

Kuwait Finance House (KFH), the country's biggest Islamic lender, has reported a 33 percent increase in third-quarter net profit, beating analyst estimates.
Net profit rose to KD33.7m ($119.9m) from KD25.3m in the same period a year ago, according to a statement carried by state news agency KUNA.
Four analysts in a Reuters survey had predicted a KD19.7m profit on average for the quarter.

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