SNG: Kuwait: KFH announces $549.4mln net profit in Q1 2025

About this update from Kuwait Finance House K.s.c.

Staff WriterKuwait Finance House (KFH) announces a net profit of KD 168.1 million for the first quarter of 2025 for shareholders, representing an increase of 3.2 percent compared to the same period last year, said KFH Chairman Hamad Al-Marzouq.In a statement Tuesday, the KFH chairman said that the earnings per share for the first quarter of 2025 reached 9.77 fils; an increase of 3.1 pct compared to the same period last year.Net financing income for the first quarter of the year reached KD 318.9 million; an increase of 21.1 pct compared to the same period last year, he added.Al-Marzouq stated that KFH`s Q1 2025 growth in key financial indicators demonstrates the successful execution of the strategy approved by the bank`s Board of Directors.He further noted that this performance, achieved despite a complex operating environment and market shifts driven by regional and global economic developments, underscores the strength of KFH`s comprehensive and integrated business model. (enAll KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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