The net profits of Kuwait Finance House Bank (KFH) rose on Tuesday, by about 4.1 percent in the second quarter of this year, recording 178.333 million dinars ($583.42 million), compared to 171.293 million dinars a year ago.
KFH said in a statement to the Kuwait Stock Exchange that it achieved 341.178 million dinars in net profit in the first six months of this year, compared to 333.39 million dinars in the same period of 2023, an increase of 2.3 percent.
The statement attributed this increase to the increase in revenues from KFH Group’s main activities.
The bank indicated an increase in total operating revenues by 12.1 percent in the first half of this year, including an increase in net financing income by 21.9 percent.
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