Banque Saudi Fransi Q4 profits fall 61%

Riyadh – Mubasher: Banque Saudi Fransi posted on Thursday a net profit of SAR 374 million ($99.73 million) for the fourth quarter of fiscal 2016, 60.6% down from SAR 950 million for Q4-15.

Profits for Q4-16 declined 63% quarter-on-quarter, according to a bourse filing.

Net profit for the fiscal year 2016 fell 13% to SAR 3.51 billion from SAR 4.04 billion for fiscal 2015.

Mubasher Contribution Time: 19-Jan-2017 14:32 (GMT)
Mubasher Last Update Time: 08-Mar-2017 13:08 (GMT)