QNB Al Ahli’s consolidated profits hike 71% in 9M-23
The consolidated net profits attributable to the shareholders of Qatar National Bank Al Ahli (QNB Al Ahli) reached EGP 12.52 billion in the first nine months (9M) of 2023.
The generated net profits were higher by 71% year-on-year (YoY) than EGP 7.33 billion, according to the consolidated financial statements.
Net interest income hiked by 56% to EGP 21.97 billion in 9M-23 from EGP 14.10 billion in 9M-22.
The earnings per share (EPS) amounted to EGP 4.97 in January-September 2023, up YoY from EGP 2.88.
Total assets enlarged to EGP 592.10 billion during 9M-23 from EGP 483.27 billion as of 31 December 2022, while the customer deposits widened to EGP 497.82 billion from EGP 406.24 billion.
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