GFH Financial Group net profit up 18% in 9 months from 2018 | Business News



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GFH Financial Group reported net income of $ 103.4 million for the nine months ended September 30, 2018, up 18.6% from $ 87.23 for the same period of the year previous.

The group posted consolidated net profit of $ 104.66 million in the first nine months, up 15% from $ 91.04 million for the same period last year.

Net income attributable to shareholders increased 23.3% to $ 30.94 million compared to $ 25.09 million for the same period in 2017.

Consolidated net profit for the third quarter of 2018 was $ 31.26 million compared to $ 25.52 million for the same period last year, an increase of 22.5%.

The Group's sales revenue increased by 13.2% in the first nine months of 2018 to reach 184.62 million USD, compared to 163.16 million USD for the same period in 2017, mainly due to revenue. investment banking activities.

In contrast, consolidated revenue in the third quarter of this year was $ 64.42 million compared to $ 52.18 million in the third quarter of the previous year, an increase of 23.5%.

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