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KFH net profit up 21pc in Q2

Kuwait, July 30, 2013

Kuwait Finance House (KFH) , the Gulf state's biggest Islamic lender, reported a 21 per cent rise in second-quarter net profit on Tuesday, missing analysts' estimates.

Net profit rose to 26.8 million Kuwaiti dinars ($94.2 million) from 22.1 million dinars in the same period a year ago, the lender said in a bourse filing.

Four analysts in a Reuters survey had predicted 30.35 million dinars of net profit on average for the quarter to end-June. - Reuters




Tags: KFH | Kuwait | profit | Net | rise | lender |

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