Dukhan Bank’s Net Profit Grows by 3 Percent

Doha: Dukhan Bank's net profit increased by 3 percent in the first nine months of this year to reach QR 1.141 billion, compared to QR 1.107 billion for the same period last year.Data issued by the bank and published on the Qatar Stock Exchange website showed an increase in earnings per share to QR 0.209 in the period ending September 2024, compared to earnings per share of QR 0.203 for the same period of the previous year.The growth in the bank's net profit comes as a result of a 17 percent growth in financing activity revenues, and a 33 percent increase in investment activity revenues, which resulted in a 16 percent increase in total revenues.The growth in financing revenues also reflects the positive development in the financing portfolio.Source: Qatar News Agency