Bahraini conglomerate BMMI’s H1 earnings slip to BHD 5.3m

Manama-Mubasher: Bahrain Maritime and Mercantile International (BMMI) posted a 15.74% decline in its net earnings for the first half of 2015.

The diversified retailer, supplier and services provider saw its earnings attributable to shareholders of parent company amounting to BHD 5.3 million ($14 million) in H1-15, compared with BHD 6.3 million ($16.7 million) in the same period a year ago.

The second-quarter earnings attributable to shareholders of parent company declined from BHD 3.4 million to BHD 2.34 million.

The Bahrain-listed company operates with BHD 13.3 million in capital, divided into 133.116 million shares at a par value of BHD 0.1 each.

Mubasher Contribution Time: 06-Aug-2015 11:50 (GMT)