Oct 27 2011 |
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Kuwait Gulf Bank 3Q Net Profit +8.7% At KWD9.1M Vs Yr Ago
Thursday, Oct 27, 2011
(This story was originally published Wednesday.)
BEIRUT (Zawya Dow Jones)--Kuwait's Gulf Bank said Wednesday third-quarter net profit rose 8.7% to 9.1 million Kuwaiti dinars ($33.15 million), from KWD8.38 million in the year earlier period.
Net profit for the first nine months almost tripled to KWD27.42 million from KWD10.36 million a year earlier, the lender said in a statement posted on the Kuwait bourse website. Nine-month earnings per share jumped to 11 Kuwaiti fils from 4 fils in the same period of 2010.
By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
(END) Dow Jones Newswires
27-10-11 0347GMT
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