Abu Dhabi – Mubasher: Bank of Sharjah has incurred net losses attributable to the equity holders of AED 466.635 million during the first half (H1) of 2021, against net profits of AED 18.658 million in the same period of 2020, as shown by the bank's consolidated interim financials for the six-month period ended 30 June 2021.
The bank's net interest income increased to AED 243.048 million in H1-21, compared to AED 197.701 million during the corresponding half of 2020.
The bank's net operating income reached AED 329.063 million in the January-June period of 2021, up from AED 168.776 million in the year-ago period.
The basic loss per share settled at AED 0.212 in H1-21, against earnings per share (EPS) of AED 0.008 in H1-20.
