What:
QNB Alahli has announced a substantial YoY surge in consolidated net profits for Q1-24, rising by 49.36% to reach approximately EGP 7 billion, up from around EGP 4.7 billion in Q1-23.
The Breakdown:
This growth is largely attributed to a significant increase in net interest income, which surged to around EGP 9.9 billion during January to March 2024, up from around EGP 6.6 billion in the same period last year.
Standalone Performance:
In its standalone financial results, the bank saw net profits after tax climbing to EGP 6.9 billion in Q1-24, compared to EGP 4.5 billion in Q1-23.
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
- Omar Amin
