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profit-rise

Ahlibank says first-half net profit rose 5%

: Thursday, July 24 - 2014 @ 04:09

Oman’s Ahlibank has posted a net income of OR13.1m for the six months ended June 30, 2014, up 5% from OR12.5m recorded in the same period of the previous year, Muscat Daily has reported. Operating income increased by four per cent to OR25.3m from OR24.3m in the first half of last year. Operating expenses came in at OR8.2m, resulting in a cost-to-income ratio of 32.3%, the bank said.

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Thursday, July 24- 2014 @ 4:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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