send to a friend by email

SAFABANK realizes net loss of $0.78 million in H1 2025

2025-08-14

According to the financial statements of Al-Safa Bank SAFABANK for the first half of 2025, Net Loss after tax of the period reached (777,220) USD Compared with Net Loss after tax (5,163,925) USD for 2024, a net decrease in loss of 84.95%.Total assets of the company reached 314,020,836 USD compared with total assets of 354,323,615 USD at the end of year 2024, a net decrease of 11.37%.Total liabilities of the company reached 336,842,623 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 0.13%. Net ownership equity of the company reached 60,552,365 USD compared with total owner equity of 61,329,585 USD at the end of year 2024, a net decrease of 1.27%.