Saudi Al-Rajhi Banking and Investment Corporation reports 49.5% rise in profits

Published July 13th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

The Saudi Al-Rajhi Banking and Investment Corporation said Sunday its profits in the first six months of 2004 rose  

by 49.5 percent.  

 

The Corporation reported a net profit of SR1.368 billion ($364.8 million) in the first half of this year compared to SR915 million ($244 million) in the same period last year, the bank said in a statement. (menareport.com) 

 

© 2004 Mena Report (www.menareport.com)