Bank AlJazira Reports Earnings Results for Fourth Quarter and Full Year Ended December 31, 2016
Bank AlJazira reported earnings results for fourth quarter and full year ended December 31, 2016. For the quarter, the company’s total profit was SAR 152 million against SAR 159 million a year ago. Net profit was SAR 590 million against SAR 581 million a year ago.
For the full year, the company’s total profit was SAR 872 million against SAR 1.287 million a year ago. Net profit was SAR 2,519 million against SAR 2,922 million a year ago. Earnings per share were SAR 2.18 against SAR 3.22 a year ago.