Dukhan Bank reports net profit of QR437m for Q1 2025

Doha, Qatar: Dukhan Bank announced its financial results for the three month period ended 31 March 2025,and reported a net profit of QR437m, represent...

Doha, Qatar: Dukhan Bank announced its financial results for the three-month period ended 31 March 2025,and reported a net profit of QR437m, representing a 3% growth compared to the same period of last year.

The Group delivered a solid financial performance during the first quarter of 2025, reflecting the continued successful execution of its strategic initiatives and building on the strong momentum of previous years.

Bottom-line profitability grew by 3%, supported by a 5% increase in net banking income. The uplift in net banking income was driven by the Group’s ongoing focus on revenue diversification and the strengthening of non-profit income streams. In addition, despite prevailing external headwinds, prudent management of funding costs contributed positively to the Group net banking income.

On the other hand, operational efficiency remained a strategic priority, with continued optimization efforts delivering added value to overall profitability. These results underscore the Group’s resilience and ability to a sustained growth in a dynamic operating environment.

The Group’s total assets remained at historic levels, standing at QR117.7bn at the end of March 2025. The asset base continues to be primarily composed of financing assets, which reached QR86.6bn and represent 74% of total assets, alongside investment securities amounting to QR19.6bn (17% of total assets).