Invest bank P.S.C. reported unaudited consolidated financial results for the second quarter and first half ended June 30, 2018. For the second quarter, the company's net interest income was AED 100,617,000 compared to AED 129,217,000 a year ago. Total operating income was AED 161,337,000 compared to AED 196,263,000 a year ago. Profit before impairment loss was AED 98,413,000 compared to AED 150,194,000 a year ago. Net loss for the quarter was AED 136,513,000 compared to profit of AED 88,278,000 a year ago. Basic and diluted loss per share were AED 0.09 compared to earnings per share of AED 0.06 a year ago.

For the six months, the company's net interest income was AED 222,272,000 compared to AED 253,242,000 a year ago. Total operating income was AED 339,037,000 compared to AED 374,018,000 a year ago. Profit before impairment loss was AED 218,378,000 compared to AED 275,174,000 a year ago. Net loss for the period was AED 71,1820,000 compared to AED 177,936,000 a year ago. Basic and diluted loss per share were AED 0.05 compared to earnings per share of AED 0.11 a year ago. Net cash used in operating activities was AED 118,997,000 compared to net cash from operating activities of AED 243,920,000 a year ago. Purchase of property and equipment was AED 6,364,000 compared to AED 7,017,000 a year ago.

For the quarter, the company's net impairment loss was AED 234,926,000 compared to AED 61,916,000 a year ago.