KIB Group announces net profit of KD 7.3 million for Q1 of 2025
Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) announced the Group’s financial results for the first quarter of 2025. KIB Group achieved net profit attributable to shareholders amounting to KD 7.3 million, which grew by 21% compared to KD 6 million. Earnings per share (EPS) was 4.40 fils compared to 3.64 fils for the first quarter of 2024. Total operating income was almost KD 21.6 million, marking a growth of 2% compared to the first quarter of 2024.
Commenting on the latest financial results, Al-Jarrah emphasized that KIB’s strong performance reflects the success of the Bank’s strategic direction, which is built on a solid foundation of qualified talent and rapid digital advancement. He noted that the Bank has embarked on a new phase of growth, driven by the launch of a comprehensive five-year plan aimed at strengthening its position as the Islamic bank of choice in Kuwait and achieving significant improvements in performance and profitability.
انشر تعليق