GFH Financial Group posted a 9% increase in fourth-quarter 2021 profit to $24 million.
According to Arabiya Net, these profits come with the support of investment banking operations, which generated $52 million from underwriting activities.
Over the past year as a whole, the company posted a profit of $84 million, an increase of 87%.
The company's board of directors recommended distributing $60 million to shareholders for the year 2021, including cash dividends of $45 million, and bonus shares in the remaining amount.
