Samsung and KB Kookmin saw their net profit
increase 7.9 percent and 8.8 percent, respectively.
Earlier this week, Punjab National Bank, Union Bank of India and Syndicate Bank also reported lower net profits
due to surge in NPAs.
Saudi Electricity Co, or SEC, the Gulf's largest utility firm, reported a 144 per cent jump in its net profit
for the second quarter on Monday, beating analysts' forecasts because of a one-time gain.
However, net profit
came in line with our view for 2H2013, reflecting either a positive surprise in non-interest income and/or lower-than expected provisioning charges/costs.
Bank J Van Breda & Co also saw its net profit
go up by 10% to EUR 17.9 million.
On a GAAP basis, the company reported a net profit
of USD 287m for Q2 '13 or USD 1.40 per diluted share.
Resona's net profit
grew 45.4 percent to 229.21 billion yen.
By sector, 2011 aggregate net profits
for GCC Banking sector increased by 15.4 percent YoY.
Du made a net profit
before royalty of 497.4 million dirhams ($135.42 million), compared with a profit of 430.9 million dirhams in the same period a year ago, it said in a statement.
The company posted net profit
of INR27.25bn in the quarter, compared to INR2.11bn in the year-ago period.
19 January 2012 - UralSib Bank saw its net profit
for 2011 ease 7%, as calculated under Russian Accounting Standards, the Russian lender said on Wednesday.
Aggregate net profit
of listed Kuwaiti companies for the nine months stood at 966.21 million dinars, down by 5.11 per cent year-on-year, compared to 1.02 billion dinars net profit
for the corresponding period last year.