Saturday 13 July 2013

Saudi Gazette - Bank AlJazira’s net profit rises 29% in Q2

"Bank AlJazira posted a 29 percent increase in net profit in the second quarter of 2013 at SR167 million, compared with SR129 million net profit for the same quarter in last year, the bank said in a statement Thursday. The net increased by 16 percent when compared to the previous quarter results of SR144 million.

The total operating income during the second quarter was SR448 million, compared with SR409 million for the same quarter in the previous year, reflecting an increase of 10 percent.

Net special commission income during the second quarter was SR302 million, compared with SR241 million for the same quarter in the previous year, reflecting an increase of 25 percent."

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