Samba Q1 profit dips
Saudi Arabia: Tuesday, April 15 - 2008 at 11:42
Samba Financial Group, Saudi Arabia's second-largest lender by market value, has announced that its first-quarter profit fell 5.4% due to a decline in bourse-related revenues, reported Reuters. Samba made 1.2 billion riyals ($320m) in net profit or 1.33 riyals per share in the three months to March 31, against 1.27 billion riyals, or an adjusted 1.41 riyals per share, in the year-earlier period.
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Jeff Florian, Senior ReporterTuesday, April 15 - 2008 at 11:42 UAE local time (GMT+4)
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