Tuesday 23 July 2013

UPDATE 1-Kuwait's NBK reports rise in Q2 net, misses estimates | Reuters

UPDATE 1-Kuwait's NBK reports rise in Q2 net, misses estimates | Reuters:

"National Bank of Kuwait reported a 19 percent rise in second-quarter net profit on Tuesday, missing analysts' estimates, but the Gulf Arab state's largest lender was upbeat on the outlook for the local economy.

Net profit was 47.2 million Kuwaiti dinars ($165.7 million)in the three months to the end of June, compared to 39.8 million dinars a year ago. Six analysts in a Reuters poll had predicted 79 million dinars of net profit on average.

Shares in NBK, which had been briefly halted on the stock exchange before the results, were trading flat at 0820 GMT."

'via Blog this'

No comments:

Post a Comment