QNB Al Ahli posts $152.1mln consolidated profits in Q1-23

QNB Al Ahli posts $152.1mln consolidated profits in Q1-23

Earnings per share (EPS) stood at EGP 1.87 in January-March 2023, greater than EGP 0.87 in the year-ago interval, in accordance with the revenue statements.

In the course of the first three months (3M) of 2023, the web curiosity revenue hiked to EGP 6.62 billion from EGP 4.26 billion in 3M-22. The overall belongings enlarged to EGP 525.01 billion from EGP 483.27 billion.

Standalone Monetary Outcomes

The standalone profits after tax elevated to EGP 4.48 billion in Q1-33 from EGP 2.03 billion in Q1-22, whereas the web curiosity revenue jumped to EGP 6.52 billion from EGP 4.15 billion.

In the meantime, the entire non-consolidated belongings amounted to EGP 517.43 billion as of 31 March 2023, an annual surge from EGP 476.79 billion.

In 2022, QNB Al Ahli generated EGP 10.35 billion in consolidated internet revenue after tax, up 36% year-on-year (YoY) from EGP 7.62 billion.

As for the standalone enterprise, the web profits after tax surged by 36% to EGP 10.12 billion final yr from EGP 7.45 billion in 2021.

All Rights Reserved – Mubasher Information © 2005 – 2022 Supplied by SyndiGate Media Inc. (Syndigate.data).