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Article: Al-Nouri: Global Records 34 Fils EPS for the 1st. Quarter 2006,.(Global Investment House)(Anwar Abdulla Al-Nouri)
- Article from:
- Middle East
- Article date:
- May 1, 2006
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Global Investment House "Global" announced a net profit of around KD20 million (USD68 million) for the 1st Quarter of 2006, which translates into an EPS of 34 fils compared to 20 fils recorded in 1st Quarter 2005.
The quarter's total revenues are about KD 26 million with an increase of 109% compared to the same period of last year. Net profits during the same period last year stood at KD9.8 million (USD33.7 million) and total revenues at KD12.5 million.
Mr. Anwar Abdulla Al-Nouri, Global Chairman said, "The first quarter have seen many vital operations, raising the assets under management to KD1.84 billion (USD6.3 billion). They encompassed a number of ...