The international financial group JFH Financial Group announced a net profit of $30.56 million (112.15 million dirhams). This represents an increase of 17% compared to the same period of the previous year.
Commission revenues amounted to $48.28 million, down 3% year-over-year. Operating expenses decreased by 10% to $20.07 million. Asset volumes increased by 20% reaching $2.3 billion.
"We are proud of how we achieved these results in the face of global challenges brought on by the pandemic. Our success is the result of the team's close collaboration and client trust in our strategy," noted the group's chairman.
