Salafin H1 revenues rise 5.5%

Mubasher: Salafin company posted on Tuesday a net revenues of MAD 181 million for the first half of the fiscal year 2016, rising 5.5% compared to the same period of 2015.

The rise was mainly due to a year-on-year increase of 12.5% in the net interest margin and a 8.9% y-o-y rise in the commission margin for the period ended on 30 June 2016.

Operating expenses also increased in H1-16 by 5.9% to MAD 54 million, according to a bourse filing.          

Mubasher Contribution Time: 20-Sep-2016 08:05 (GMT)
Mubasher Last Update Time: 20-Sep-2016 09:09 (GMT)