The financial statements of Al Ahli Bank of Kuwait revealed that the bank’s profits in the first half of this year increased by 22% on an annual basis, to reach 18.424 million dinars, compared to 15.08 million dinars in the same period in 2021.
The bank said in a statement to the Kuwait Stock Exchange, today, Monday, that the increase in profits during the comparative periods is mainly due to the improvement in operating income.
The bank’s operating income at the end of the first half of this year amounted to about 86.294 million dinars, compared to 75.806 million dinars in the same period of the previous year, an increase of 14%.
The bank achieved profits of 10.103 million dinars in the second quarter of this year, an increase of 27% over the profits of the same period last year, which amounted to 7.968 million dinars.
