The Islamic leasing company, BEST Lease, has just published its interim financial statements at June 30, 2018.
The subsidiary of the Al Baraka Bank Group saw its half-year net profit fall 19.8% to 2.7 million dinars against 3.4 million a year earlier.
Leasing revenues reached 14.7 million dinars at the end of the first half of the year, up 21.4% compared to the same period in 2016.
As for the operating expenses, they went from 3.3 million dinars at June 30, 2017 to 3 million at the end of last June, posting a growth of 7.4%.