Lotte, Woori and KEB Hana saw their year-on-year net profit
decline by 38.7 percent, 38.9 percent and 28.6 percent, respectively.
Similarly, Al Maha Petroleum Products Marketing reported a 15 per cent year-on-year decline in its net profit
for the three-months period ended March 31, 2019.
The company's profits have been continuing to decrease, as on a quarterly basis, net profit
for the second quarter (Q2) marked EGP 60.9m, down from EGP 142.5m in Q2 of 2014, the company had revealed.
BoB's net profit
fell 23 per cent to ` 1,052 crore in the June quarter.
The deputy chairman of the NBD said that the results highlighted the growth momentum of the bank through the increase in loans and advances, customer deposits, operating profit and net profit
Mizuho saw its stock evaluation losses fall by about 150 billion yen as a group, and combined with improved earnings at its securities unit, its net profit
in the April-December period rose to 391.77 billion yen, up 44.5 percent from a year earlier.
The bank bagged net profits
of RO 5 million compared to RO 3.87 million during the corresponding period last year.
Summary: RIYADH: The aggregate net profit
of all GCC-listed stocks stood at $52.21 billion in 2011, up by 29.8 percent YoY, according to a report by Global Investment House (Global).
According to a report released by Turkey's banking regulation authority, BDDK, net profits
of private banks dropped 19.8 percent to 2,934 million Turkish liras in Q1 2011 from 3,657 million over the same quarter a year earlier.
The Qatari Banking and Financial Institutions Sector, which includes nine banks, registered a growth of 20.59 percent in net profit
for 9M-2010 which amounted to QAR 9.32 billion ($2.56 billion).
Kuwait reported an increase in net profits
of 70.22pc last year but elsewhere the trend was downward with the Bahraini banking sector reporting the biggest losses in net profit
as it declined by 35.23pc.
Averaging out reported figures from 37 papermaking companies that sell their stock on North American markets, the paper industry checks in with an average net profit
margin of 0.60 percent.