yInvest Bank P.S.C. reported consolidated unaudited earnings results for the quarter ended March 31, 2018. For the quarter, the company reported net interest income of AED 121,655,000 against AED 124,025,000 a year ago. Total operating income was AED 177,700,000 against AED 177,755,000 a year ago. Profit before impairment loss was AED 119,965,000 against AED 124,980,000 a year ago. Net profit for the period was AED 64,693,000 against AED 89,658,000 a year ago. Basic and diluted earnings per share were AED 0.04 against AED 0.06 a year ago. Net cash generated from operating activities was AED 720,979,000 against AED 498,428,000 a year ago. Purchase of property and equipment was AED 1,286,000 against AED 1,504,000 a year ago. Interest income was AED 207,512,000 against AED 195,124,000 a year ago.

For the quarter, the company reported net impairment loss of AED 55,272,000 against AED 35,322,000 a year ago.