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Ahli United Q2 net profit rises 22pc

Manama, July 28, 2010

Bahrain-based Ahli United Bank posted on Wednesday a 22 per cent rise in quarterly profit.

The bank said in a statement posted on the Kuwaiti stock exchange that profit attributable to shareholders in the quarter ended June 30 was $70.2 million, compared with $57.6 million in the year-earlier quarter.

Analysts at Sico Investment Bank expected the bank to post a net profit of $73.7 million. – Reuters




Tags: Bahrain | profit | AUB | Ahli United | Q2 |

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