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    <title>ABC Islamic Bank announces 106% increase in first quarter profit to $3.2m</title>
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    <pubDate>Sat, 18 May 2013 15:26:34 +0400</pubDate>
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        ABC Islamic Bank announced a net profit of $3.2m for the first quarter of 2013 compared to $1.6m for the first quarter of last year. Total operating income for the first quarter was $4.1m, compared to $3.4m for the first quarter of last year. Operating expenses decreased to $0.8m compared to $1.3m for the same quarter of last year. 
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    <title>ABC Islamic Bank announces 2012 year-end profit of $8.3m</title>
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    <pubDate>Wed, 27 Feb 2013 16:38:02 +0400</pubDate>
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        ABC Islamic Bank announced that its net profit for the year ending 2012 was $8.3m, compared to $8.1m last year.
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    <title>ABC Islamic Bank announces 75% increase in third quarter profit to $2.8m</title>
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    <pubDate>Wed, 24 Oct 2012 15:56:44 +0400</pubDate>
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        ABC Islamic Bank announced that its net profit for the third quarter was $2.8m, 75% higher than third quarter 2011 of $1.6m, and 15% higher than second quarter of 2012 of $2.4m. Total operating income amounted to $4.3m compared to $4m for the second quarter of 2012.
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    <title>ABC Islamic Bank announces half-year profit of $4m </title>
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    <pubDate>Tue, 14 Aug 2012 15:03:22 +0400</pubDate>
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        ABC Islamic Bank today announced that its net profit for the first half of 2012 was US$4 million compared to $5.1m for the same period in 2011 which included a non-recurring one-off revenue item of $1.3m. 

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    <title>ABC Islamic Bank announces $8.1m net profit for 2011</title>
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    <pubDate>Tue, 28 Feb 2012 11:28:53 +0400</pubDate>
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        ABC Islamic Bank announced a net profit of $8.1m for 2011, 293% higher than last year. Total operating income was $15.1m compared to $15.9m for 2010, mainly due to de-risking of balance sheet asset size. Operating expenses of $6.2m were higher than the previous year of $4.9m, mainly due to a timing recognition of staff expenses related to compensation for last year. 
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