Mubasher: The net profits attributable to the shareholders of Al Salam Bank hiked to BHD 16.224 million in the first nine months of 2021, compared to BHD 8.073 million in the same period of 2020, as shown by the bank's interims financials for the nine-month period ended on 30 September 2021.
The bank's net operating income rose to BHD 49.579 million in the January-September period of 2021 from BHD 44.887 million in the corresponding period of 2020.
The basic and diluted earnings per share (EPS) settled at 7 fils in the first nine months of 2021, against 3.5 fils in the year-ago period.
During the third quarter (Q3) of 2021, the bank recorded BHD 5.562 million net profits attributable to the shareholders, up from BHD 972,000 in the same quarter of the earlier year.
It is noteworthy to mention that in the first half (H1) of 2021, the bank's net profits surged by 50.1% to BHD 10.7 million, compared to BHD 7.1 million ($18.8 million) in the same period of 2020.
