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2025-05-15
According to the financial statements of Al-Safa Bank SAFABANK for the 1st Quarter of 2025, Net profit after tax of the period reached 89,321 USD Compared with Net Loss after tax (2,238,911) USD for 2024.Total assets of the company reached 315,854,083 USD compared with total assets of 354,323,615 USD at the end of year 2024, a net decrease of 10.86%.Total liabilities of the company reached 327,824,907 USD (including Total liabilities and Quasi-Equity ) compared with total liabilities of 337,297,686 USD (including Total liabilities and Quasi-Equity ) at the end of year 2024, a net decrease of 2.80%. Net ownership equity of the company reached 61,418,906 USD compared with total owner equity of 61,329,585 USD at the end of year 2024, a net increase of 0.15%.
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