KFH Reports 1H Profit Rise Of4.8%
KuwaitFinance House (KFH) announced on 3 September that it had made a net profit ofKD24.7mn ($81.0mn) in the first half of 2001 compared to KD23.6mn ($77.3mn) in1H 2000 a rise of 4.8%. The Kuwaiti bank, which operates in accordance withIslamic principles, reported a 15.1% increase in assets to KD2,196.0mn($7,195.3mn) from KD1,907.7mn ($6,250.6mn) in the first half of 2001 andincreased shareholder equity by 12.8%. While...
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