Arab Finance: announced Housing and Development Bank (HDBK)announced the results of its business during the period from 01/01/2024 to 09/30/2024, which showed achieving a net profit. assembly It amounted to 9,386,281,540 pounds, compared to the bank achieving a net profit of 4,736,019,233 pounds during the period from 01/01/2023 to 09/30/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 09/30/2024, it was estimated at approximately 8,270,811,396 pounds, compared to a net profit amounting to 4,419,359,448 pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
About the results of its business during the period from 01/01/2024 to 06/30/2024, which showed achieving a net profit assembly It amounted to 5,954,719,005 pounds, compared to the bank achieving a net profit of 3,274,337,854 pounds during the period from 01/01/2023 to 06/30/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 06/30/2024, it was estimated at about 5.158 billion pounds, compared to a net profit of 3.015 billion pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
Regarding the unaudited business results for the period ending in 31/03/2024It showed achieving a combined net profit of 2.808 billion pounds, compared to a combined net profit of 1.331 billion pounds for the same period of the previous year.
The Housing and Development Bank was established in 1979 and is considered one of the distinguished models of specialized and pioneering banks in the field of housing and urban development, which transformed its activity into a comprehensive commercial bank that provides all banking services. The bank also succeeded in gaining the trust and loyalty of its customers after realizing the dream of thousands of families through its housing projects. Which is an imprint in the Egyptian real estate sector until now, and during the past few years the bank has made a major leap in developing and modernizing its banking services provided to individuals and companies, in line with the development of banking services and continuous follow-up to implement everything new in the field of technology. Finance.
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