Abu Dhabi – Mubasher: The net profits attributable to the equity holders of Finance House decreased to AED 14.155 million in the first nine months of 2021 from AED 16.231 million in the same period of 2020, according to the company's consolidated interim financials for the nine-month period ended 30 September 2021.
The company's net interest income and income from Islamic financing and investing assets amounted to AED 100.761 million in the January-September period of 2021, down from AED 118.218 million in the year-ago period.
The company's net operating income declined to AED 139.184 million in the first nine months of 2021 from AED 158.766 million in the corresponding period of the earlier year.
During the third quarter (Q3) of 2021, the company's net profits plunged to AED 1.286 million from AED 10.039 million in the same quarter of 2020.
