Dukhan Bank’s net profits grow by 3 percent

Mark
Written By Mark

The net profits of Dukhan Bank (a Qatari public shareholding company) increased by 3 percent in the first nine months of this year to reach 1.141 billion riyals, compared to 1.107 billion riyals for the same period last year.

Data issued by the bank and published on the Qatar Stock Exchange website showed an increase in earnings per share to reach 0.209 Qatari riyals in the period ending in September 2024, compared to earnings per share of 0.203 Qatari riyals for the same period of the previous year.

The growth in the bank’s net profits comes as a result of the growth in revenues from financing activities by 17 percent, and the increase in revenues from investment activities by 33 percent, which resulted in an increase in total revenues by 16 percent. The growth in financing revenues also reflects the positive development in the financing portfolio.