Thursday, Feb 23, 2012
DUBAI (Zawya Dow Jones)--Bahrain-based Al Baraka Banking Group (BARKA.BH) Thursday said fourth-quarter net profit rose 1% on year to $46.26 million as net operating income increased.
Fourth-quarter net operating income rose by about 3% compared to the same period in 2010, the bank said in an emailed statement.
Fourth-quarter net profit attributable to equity holders however fell nearly 6% year-on-year to $20.89 million, according to the bank's financial statements.
-By Asa Fitch, Dow Jones Newswires, +971 4 446-1685, asa.fitch@dowjones.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
23-02-12 1122GMT
