Bahrain Family Leisure’s OGM Oks dividends freeze

Mubasher: Bahrain Family Leisure Company’s ordinary general meeting (OGM) agreed on Monday to withhold dividends for the fiscal year 2015, according to a bourse filing.

The company’s profit reached BHD 383,960 ($1.01 million) in the fourth quarter of 2015, against net losses of BHD 2.16 million ($5.7 million) in the same period of 2014.

In terms of annual results, net profit came to BHD 79,400 ($210,643) in 2015, versus net losses of BHD 158,560 ($420,651) in 2014.

Mubasher Contribution Time: 21-Mar-2016 12:01 (GMT)