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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dubai - Asharq Al-Awsat

GFH Reports $84.22 Mn Net Profit

GFH Financial Group announced its financial results for the fourth quarter of 2021, with a net profit attributable to shareholders was $23.88 million, up 8.92 percent, compared with $21.93 million in the fourth quarter of 2020.

The increase resulted from continued solid performance across the Group’s core business lines and significant contributions from its investment banking business, generating $52.25 million in fees from placement activities linked to investments in the logistics, healthcare, and education sectors.

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