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08/11/2017 07:53 AST
Bahrain Duty Free has achieved a net profit of $15.5 million for the nine months ended September 30 2017, representing an increase of 9.1 per cent compared to the same period last year.
The financial results were annnounced following a meeting of the company's board of directors today (November 7).
Farouk Yousuf Al Moayyed, chairman of the board, said company sales also grew 9 per cent to $62.2 million compared to prior year's sales of $57.1 million.
He said the shareholder's equity as at September 30 stood at $131.80 million, compared to $134.671 million last year and earnings per share rose 9.1 per cent to 10.9 US cents compared to last year's figure of 10 US cents per share.
In the three months ended September 30, sales were $22.248 million compared to $20.338 million last year, which represents an increase of 9.4 per cent. Net profit of $5.955 million was an increase of 10.5 per cent compared to prior year quarter.
Trade Arabia
22/02/2018
Bahrain Duty Free Shop Complex has posted a net profit of $18,809,806 during 2017, down from $22,091,013 in the previous year, marking a 14.9 per cent reduction.
The company reported gross
Trade Arabia
27/11/2017
Travel retailer Bahrain Duty Free is taking to the skies as exclusive onboard supplier of inflight retail for Gulf Air, Bahrain's national carrier, giving the airline's passengers the opportunity to
Trade Arabia
11/05/2017
Bahrain Duty Free has achieved a net profit of US$5.84 million during the first quarter of the year, compared to $4.78 million during Q1 2016, marking an increase of 22 per cent.
Basic ear
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| AMR | 1.90 | 0.01 (0.52 |
| ADAVIATION | 5.65 | -0.07 (-1.23 |
| ADNH | 0.45 | 0.00 (0.00 |
| TAALEEM | 4.31 | 0.05 (1.17 |
| ALG | 1,109.00 | 3.00 (0.27 |
24/09/2025
The Board of Directors of Investcorp Capital (ICAP), an investor in alternative investment opportunities within private markets, convened last week in Abu Dhabi under the leadership of Mohammed Alard
Trade Arabia
24/09/2025
Adnoc Distribution has announced that its Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equivalent to 10.285 fils per share.
Trade Arabia
24/09/2025
Saudia Dairy and Foodstuff Company (Sadafco), a leading producer of high-quality dairy and food products in the Kingdom, has signed a strategic agreement with Tetra Pak to install the cutting-edge Te
Trade Arabia
24/09/2025
National Bank of Kuwait (NBK) has received the Silver Excellence in Diversity and Inclusion Award from the prestigious Society for Human Resource Management (SHRM) for its NBK RISE Program, during ME
Kuwait Times
24/09/2025
In a new step to help advance Kuwait's digital transformation and empower Kuwaiti talents, Burgan Bank launched a specialized training program to support Kuwait's Ministry of Interior (MoI) in meetin
Kuwait Times
Financial Information Co.
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