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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 |
|---|---|---|
| MAADANIYAH | 18.00 | 151,342 |
| FIPCO | 45.05 | 42,576 |
| NEFTALSHARQ | 4.20 | 52,662 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| ASG | 0.00 | 0 |
| MIDAN | 757.00 | 0 |
| AQASEEM | 50.50 | 1,483 |
| Ticker | Price | Change |
|---|---|---|
| AMR | 2.35 | -0.06 (-2.49 |
| ADNH | 0.56 | 0.00 (0.00 |
| ADAVIATION | 5.59 | 0.09 (1.63 |
| TAALEEM | 4.20 | -0.03 (-0.71 |
| IFAHR | 2,120.00 | 10.00 (0.47 |
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Saudi Gazette
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Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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