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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 | 2.25 | -0.07 (-3.02 |
| ADNH | 0.57 | 0.00 (0.00 |
| ADAVIATION | 6.18 | -0.10 (-1.60 |
| IFAHR | 1,784.00 | 4.00 (0.22 |
| ALG | 1,235.00 | -15.00 (-1.20 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
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