Bank AlJazira announced earnings results for the quarter ended March 31, 2017. For the quarter, the company reported net profit of SAR 216 million against SAR 381 million a year ago. Total profit operation income investments were SAR 630 million against SAR 773 million against a year ago. Net profit special commission income investments were SAR 434 million against SAR 370 million a year ago. Earnings per share were SAR 0.42 against SAR 0.73 a year ago. Net income has decreased by 43% mainly due to decrease in operating income by 19%. This is mainly due to the fact that in comparative period income was higher as result of sale of a land owned by the bank which resulted in gain amounting to SAR 209 million, offset by an increase in net special commission income and net trading income.