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Article: Al-Nouri: Global Records 34 Fils EPS for the 1st. Quarter 2006,
- Article from:
- Al Bawaba
- Article date:
- May 1, 2006
CopyrightCopyright 2006 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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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 investments in the local and regional ...