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English news

21-Apr-2016

Kuwait Finance House reports 1Q16 net income of KWD34.1 million

According to Bloomberg, Kuwait Finance House (KFH) has reported 1Q2016 net income of KWD34.1 million, an increase of 14% Y-o-Y, but a decline of 15% Q-o-Q. The actual net income in 1Q2016 came in 4% below our estimate of KWD35.4 million. (Bloomberg, Elena Sanchez-Cabezudo, Rajae Aadel)

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