Mubasher: Banader Hotels, a publically –traded company operating hotel and tourism businesses, posted losses of BHD 139,600 (nearly $367,700 ) for the first half of 2015, rising 535.59% compared with SAR 21,970 ($57,860) in the year-ago period.
The hotel operator earlier posted a 29% increase in the first-quarter losses, compared with the same period of 2014.
Banader is capitalised at almost BHD 15 million, divided into 150 million shares at a par value of BHD 10 each.
