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Islamic Bank Of Britain 6-month Loss Widens - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Monday, Islamic Bank of Britain Plc (IBB.L) reported a wider half-year loss attributable to the owners of the company of £4.62 million compared with £3.06 million in the prior year period.

Half-yearly loss per ordinary share widened to 0.87 pence from 0.73 pence in the comparable period.

Six-month net income from Islamic financing transactions fell to £0.81 million from £2.42 million in the year earlier period. Net fee and commission income for the half year decreased to £0.19 million from £0.20 million last year.

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