Solidere Group's consolidated financial statements report a net profit of $48.97 million in the year 2019, compared to a net loss of $115.69 million in 2018.
The combined net after tax profits of Lebanese banks’ Syrian subsidiaries rose by SYP 4.55 billion year-on-year to just below SYP 6.95 billion ($13.50 million) in 2019, up from SYP 4.61 billion ($8.94 million) in 2018.
Tne net after tax profits of Bank Audi S.A.E. contracted by 18.91% y-o-y to EGP 264.33 million ($16.79 million) in the first quarter of 2020, down from EGP 325.97 million ($18.80 million) during that same period in 2019.
