Finance House reports 8.3% rise in H1 earnings

July 26, 2014 4:17 am

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.