Manama, Feb. 11 -- Bahrain-headquartered GFH Financial Group (GFH) reported a consolidated net profit of US$115 million as compared with US$103.19 million from the previous year, an increase of 11.4%, and a net profit attributable to shareholders of US114.08 million compared with US$104.18 for the previous year, an increase of 9.5% mainly due to contribution from across all business lines and strategic transactions during the year.
Net profit attributable to shareholders for the fourth quarter of 2018 was US$10.64 million versus US$16.95 million in the fourth quarter of 2017, a decrease of 37.2%. Consolidated net profit for the fourth quarter of 2018 was US$10.39 million compared with US$12.15 million in the fourth quarter of 2017, a decre...