Bahrain Family Leisure deepens Q4 losses

Mubasher: Bahrain Family Leisure (BSC) logged BHD761,600 ($2 million) losses in the fourth quarter of 2015, compared with BHD22,000 ($58.800) in the same period of 2014, according to the company’s Financial statements.

The company also posted BHD1.1 million losses for FY15, versus profit of BHD1.978 million by the end of 2014, according to financial statements posted on Bahrain Bourse.

BSC board of directors recommended withholding annual dividends for FY15.

The Bahrain-listed company achieved a net loss of BHD304,500 during the first nine months of 2015, against profit of BHD2 million for the same period of 2014.

The company’s stock closed its last trading on 28 October 2015 at BHD0.116 with a trading volume 50 shares at BHD5,750.

Mubasher Contribution Time: 15-Feb-2016 08:01 (GMT)