Bahrain’s Esterad posts 36% profit rise in Q1

Manama – Mubasher: Bahrain-listed Esterad Investment announced Wednesday its financial statements for the first quarter of 2015, showing that net profits rose 36% to BHD 912,000 ($2.46 million), from BHD 669,880 ($1.78 million) in the same quarter a year earlier.

Earnings per share rose to 6.55 fils, from 4.81 fils in Q1-14.

The company earlier posted BHD 1.97 million in net profits for 2014, a decline of 8% year-on-year from BHD 2.14 million.

Mubasher Contribution Time: 22-Apr-2015 07:12 (GMT)