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Saudi Hollandi Q1 profit climb 19.4%
- Saudi Arabia: Thursday, April 11 - 2013 at 01:56
Saudi Hollandi Bank (SHB) has reported a 19.4% jump in its first-quarter net profit to SR346.3m from SR290.1m for the same quarter in 2012, Arab News has reported. Total operating income rose 8.1% to SR583.9m, compared with SR539.9m a year earlier, while total assets as at March 31, 2013, surged 21.6% to SR72.7bn, compared with SR59.8bn for the same period last year.
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