Doha – Mubasher: Qatar’s Ahli Bank’s profit declined in the second quarter of fiscal 2016 by 0.8% year-on-year.

Net profit reached QAR 167.84 million ($40.08 million) in Q2-16, versus QAR 169.19 million ($46.45 million) in Q2-15, according to a bourse filing.

In the first half of 2016, net profit also fell by 1.9% to QAR 332.74 million from QAR 339.09 million in H1-15.

Earnings per share came to QAR 1.74 million for H1-16, compared to QAR 1.78 for H1-15.