Dubai – Mubasher: The net profits of Dubai Islamic Bank (DIB) hiked to AED 3.11 billion in the first half (H1) of 2023 from AED 2.70 billion in H1-22.
The UAE lender’s total income hit AED 9.30 billion in H1-23, marking a year-on-year (YoY) leap from AED 6.26 billion, according to the consolidated interim financial results.
Basic and diluted earnings per share (EPS) stood at AED 0.39 in the first six months (6M) of 2023, versus AED 0.34 during the same period in 2022.
As of 30 June 2023, the bank’s total assets reached AED 299.76 billion, while the customers’ deposits hit AED 210.68 billion.
Income Statements for Q2-23
The DFM-listed lender posted a rise in net profit to AED 1.60 billion during the second quarter (Q2) of 2023, compared to AED 1.35 billion in Q2-22.
Total income enlarged to AED 4.87 billion in Q2-23 from AED 3.24 billion in Q2-22, while the basic and diluted EPS increased to AED 0.20 from AED 0.17.
In the three-month period that ended on 31 March 2023, the net profits attributable to the owners of DIB hit AED 1.47 billion, an annual growth from AED 1.33 billion
