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TNB reports net income of $5.44 million in 2015

2016-02-15

According to the financial statements of the National Bank TNB for the year 2015, Net profit after tax of the period reached 5,441,591 USD Compared with Net profit after tax 4,438,380 USD for 2014, a net increase in profit of 22.60%.Total assets of the company reached 820,268,531 USD compared with total assets of 679,707,444 USD at the end of year 2014, a net increase of 20.68%.Total liabilities of the company reached 730,449,453 USD compared with total liabilities of 599,696,912 USD at the end of year 2014, a net increase of 21.80%. Net ownership equity of the company reached 89,819,078 USD compared with total owner equity of 80,010,532 USD at the end of year 2014, a net increase of 12.26%.Noting that paid-in capital increased from 70,968,206 USD in year 2014 to 75,000,000 USD of this year, a net increase of 5.68%.