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Finance House reports 8.3% rise in H1 earnings

: Saturday, July 26 - 2014 @ 04:17

Abu Dhabi-based Finance House (FH) has posted an 8.3% increase in net profit for the six months ended June 30, 2014 to Dhs61.2m, compared with Dhs56.5m in the same period a year earlier, Gulf Today has reported. Net fee & commission income surged 75% to Dhs35.8m from Dhs20.5m in the first half of the previous year. Total assets grew by 26.9% year-on-year to Dhs4.5bn as at June 30, 2014, compared with Dhs3.55bn at the same time last year.

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Saturday, July 26- 2014 @ 4:17 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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