Bahrain Car Park’s Q4 losses narrow 96%

Mubasher: Bahrain Car Park posted losses worth about BHD 14,800 ($38,700) in the fourth quarter ended 31 December, 2015 as compared to about BHD 387,000 ($1.01 million) in the same quarter of 2014, a decrease of 96.2%.

The company said in a bourse statement that it has reported a net profit of about BHD 464,400 during the fiscal year of 2015, compared to around BHD 902,900 a year earlier, a decline of 48.6%.

The board has proposed a distribution of cash dividends of 5% or 5 fils per share. 

Mubasher Contribution Time: 23-Feb-2016 06:28 (GMT)