Manama, the Kingdom of Bahrain: Khaleeji Bank B.S.C has announced a total net loss attributable to the Bank’s shareholders of BD 402 thousand during Q4 2023, compared to a profit of BD 3.12 million in the same period in 2022, a decrease of 112.87%.
Earnings per share reached -4.251 Fils during Q4 2023, compared to 0.154 Fils for the same period of the previous year. Total income before return to investment account holders amounted to BD 21.578 million during the last quarter of this year, compared to BD 18.571 million for the same period of the year 2022, an increase of 16.19%. The increase is mainly attributable to the bank recording an increase in income from placements with financial institutions, investments in securities, fees and other income.
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