National Holding Q4 profits rise 21.9%

Mubasher: Bahrain National Holding Co achieved a growth of 21.9% in profits during the fourth quarter to total BHD 780,000 ($2.04 million) from BHD 640,000 ($1.67 million) in the same period of 2015.

During the fiscal year, earnings totaled BHD 3.88 million which was 4.20% from BHD 4.05 million in FY15, according to a bourse filing issued on Tuesday.

The board members recommended 20% cash dividend or 20 fils per share for FY16, with a total value of BHD 2.27 million.

Earnings per share amounted to 36.2 fils in FY16 from 37.8 fils in FY15.

 

Mubasher Contribution Time: 21-Feb-2017 17:14 (GMT)
Mubasher Last Update Time: 21-Feb-2017 17:14 (GMT)