Banks DIH made $509m last year
Stabroek News
February 28, 2004
In an article in yesterday's Stabroek Business it was stated that if the profit of $193 million made by Citizens Bank was deducted, Banks DIH profit for the year ending September 30, 2003 would have been $373 m. This is incorrect.
Banks DIH made a profit of $509 m for that year. The Group profit (which includes Citizens Bank) was $571 m. Banks DIH Limited only own 51% of Citizens Bank and adjustments have to be made in calculating group profits.