FINANCIAL NEWS

GFH Saudi Group posts USD11.5m net profit in H1

14 Aug 2016

(MENAFN) GFH Financial Group proclaimed its net profit attributable to shareholders of USD11.5mn for the first half of this year.

Moreover, this shows a 248 percent grow from the USD3.3mn net profit recorded in the same half of 2015.

In addition, the group registered a joined net profit of USD17.9mn for H1 this year, an increase of 31 percent from USD13.7mn for the prior-year period.

Whole operating expenses for the first half of the cited year was USD47.1mn, compared with USD39.6mn.

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