Broker
23/10/07, 05 :41 05:41:43 PM
karmal co. 23\10\2007
The activity results of the Iraqi Middle East Bank for investment , during the first nine months of the year 2007 gross profits not-audited about 18 billion dinars, the equivalent of $ 14.5 million at an increase of 375% over the profits from the same period the previous year 2006, and the profit came from total revenues amounted to 31,5 billion dinars, and the total expenses 13.5 billion dinars, and it is worth noting that the total administrative expenses for the period from the beginning of the year and even this date is still lower than from the same period of the previous year, as results showed high bank's financial position ( the total budget) as at the end of the third quarter of 2007 increased by 10.5% from what it was at the end of the second chapter where the 385 billion dinars, compared to 348 billion dinars, and the last three months have seen rising customer account balances by 10.2% .
Based on these data our company expect to the bank to be able to achieve the World Net profit until year-end net after taxes 60%
for more detials see
http://www.isx-karmal.com/index_en.html
The activity results of the Iraqi Middle East Bank for investment , during the first nine months of the year 2007 gross profits not-audited about 18 billion dinars, the equivalent of $ 14.5 million at an increase of 375% over the profits from the same period the previous year 2006, and the profit came from total revenues amounted to 31,5 billion dinars, and the total expenses 13.5 billion dinars, and it is worth noting that the total administrative expenses for the period from the beginning of the year and even this date is still lower than from the same period of the previous year, as results showed high bank's financial position ( the total budget) as at the end of the third quarter of 2007 increased by 10.5% from what it was at the end of the second chapter where the 385 billion dinars, compared to 348 billion dinars, and the last three months have seen rising customer account balances by 10.2% .
Based on these data our company expect to the bank to be able to achieve the World Net profit until year-end net after taxes 60%
for more detials see
http://www.isx-karmal.com/index_en.html