Alba Q1 profits jump 505%

Mubasher: Alba achieved a leap of 505.2% in profits during the first quarter of 2017, compared to the same period of 2016.

The net earning entitled to the shareholders surged to BHD 25.6 million in Q1-17 ($67.42 million) from BHD 4.23 million ($11.14 million) in Q1-16, according to a bourse statement.

At the stock level, Alba closed Sunday’s session at BHD 0.428.

 

Mubasher Contribution Time: 23-Apr-2017 12:10 (GMT)
Mubasher Last Update Time: 23-Apr-2017 12:13 (GMT)