You're contacting media contact of this press release

Title: GFH REPORTS A NET PROFIT INCREASE FOR 2025 Q1 EXCEEDING 30 MILLION US DOLLARS FOR SHAREHOLDERS

GFH Financial Group B.S.C (“GFH” or “the Group”) (Bahrain Bourse: GFH) today announced its financial results for the first quarter (“the quarter”) of the period ended 31 March 2025.Net profit up 11.05% to US$30.14 million, led by healthy growth in commercial banking and investment banking. Total assets grew 5.06% to US$11.59 billion, strengthening liquidity and capital base. Income from Treasury and proprietary income portfolio of US$62.62 million Income from sale of proprietary investment assets of US$22.93 million Share of profits from subsidiaries reported at US$17.63 millionCustomer onboarding to the GFH Investments App accelerated in Q1, supporting digital transformation and expanding investment opportunity access. Launch of an investment into a diversified US portfolio of strategically located industrial and transportation logistics assets, offering both core and value-add opportunities across sectors such as e-commerce, automotive and manufacturing.Net profit attributable to shareholders was US$30.14 million for the first quarter of 2025 compared to US$27.14 million in the same period last year, an increase of 11.05%. The increase is mainly attributed to contributions from the Group’s investment banking, commercial banking and sale of proprietary investments. Earnings per share for the quarter was US cents 0.85 compared with US cents 0.77 in the first quarter of 2024. Total income attributable to shareholders was US$170.94 million for the first quarter of the year compared with US$162.97 million in the first quarter of 2024, an increase of 4.89%. Consolidated net profit for the first quarter attributable to shareholders was US$30.69 million compared with US$30.34 million in the first quarter of 2024, an increase of 1.15%. Total expenses for the quarter were US$89...

This press release is issued by King Newswire