Tuesday 2 May 2017

GFH posts 427% increase in Q1 net profit | GulfNews.com

GFH posts 427% increase in Q1 net profit | GulfNews.com:

"GFH Financial Group (GFH) has announced a net profit of $31.91 million for the first quarter of 2017, in a statement on Tuesday. The figure represents a 427 per cent increase from $6.06 million reported in the same quarter of 2016. GFH reported a consolidated net profit of $33.55 million for the quarter as compared to $10.04 million in the first quarter of 2016. GFH’s total consolidated income for the quarter also increased by 75 per cent to $51.08 million as compared to $29.17 million in 2016."



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