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TNB posts net income of $7.06 million in 9M 2017

2017-10-23

According to financial statements of the National Bank TNB for the first nine months of 2017, Net profit after tax of the period reached 7,059,113 USD Compared with Net profit after tax 5,702,787 USD for 2016, a net increase in profit of 23.78%.Total assets of the company reached 1,141,620,346 USD compared with total assets of 957,088,864 USD at the end of year 2016, a net increase of 19.28%.Total liabilities of the company reached 1,046,082,841 USD compared with total liabilities of 864,593,301 USD at the end of year 2016, a net increase of 20.99%. Net ownership equity of the company reached 95,537,505 USD compared with total owner equity of 92,495,563 USD at the end of year 2016, a net increase of 3.29%.