Chairman Masaud Hayat
United Gulf posts $11.2m gains
MANAMA, February 29, 2016
United Gulf Bank (UGB)’s profit for last year decreased to $11.2 million compared to $18.8 million in 2014, with a similar decrease in basic earnings per share to 1.38 cents from 2.31 cents in 2014, said a report in the Gulf Daily News (GDN), our sister publication.
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