Business
SNG: Kuwait's KFH reports net profit of $1.11bln for H1 2025
SNG: Kuwait's KFH reports net profit of $1.11bln for H1 2025

About this update from Kuwait Finance House K.s.c.
Staff WriterKUWAIT CITY - Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 342.1 million for the first half of 2025 for the Bank shareholders. Earnings per share for the first half of 2025 reached 19.23 fils.Net financing income for the first half of the year reached KD 607.3 million; an increase of 8.7 % compared to the same period last year.Total operating income for the first half of 2025 increased, supported by the increase in all core activities to reach KD 876 million; an increase of 6.4 % compared to the same period last year. This growth is particularly notable given that the comparative income for 2024 included profits of KD 70.1 million from the sale of KFH-Bahrain during Q2 2024.Net operating income for the first half of the year reached KD 566.7 million; an increase of 7.9 % compared to the same period last year.The cost-to-income ratio for H1-25 improved to 35.3% compared to 36.2% for the same period last year.Financing receivables at the end of the first half of 2025 reached KD 20.4 billion, an increase of 7.1 % compared to the end of last year.Total assets at the end of the first half of 2025 amounted to KD 38.5 billion, an increase of 4.9% compared to the end of last year.Shareholders’ equity for the same period amounted to about KD 5.6 billion, an increase of 0.8% compared to the end of last year.Depositors' accounts for the first half of 2025 amounted to KD 19.7 billion, an increase of 2.7% compared to the end of last year.In addition, the capital adequacy ratio reached 18.01 % which is above the limit required by regulators. This ratio confirms the solid capital base of KFH.The Board of Directors has agreed to distribute a semi-annual cash dividend of 10 fils per share.Outstanding performanceIn a press release, Al-Marzouq said that KFH continues to lead the banking sector and the Kuwaiti market in profitability. This remarkable achievement comes despite the challenging operating environment and geopolitical shifts in the region, which have brought uncertainty to the economic landscape. He emphasized that KFH's success stems from precisely implemented plans that ensure sustainable profits and maintain KFH’s solid financial position and robust performance.Al-Marzouq also highlighted the strength of KFH's financial statements for the fir...
View stock analysis, news, and events for Kuwait Finance House K.s.c.