Commercial Facilities posts BHD 15m in 9M

Mubasher: Bahrain Commercial Facilities Company (BCFC) on Sunday reported a 15.5% growth in its profits for the third quarter of 2016.

The company’s profits increased to BHD 5.22 million ($13.75 million) in Q3-16 from BHD 4.52 million ($11.9 million) in Q3-15, according to a bourse statement.

BCFC posted a 12.3% rise in its net profits to BHD 14.65 million in the first nine months of 2016 from BHD 13.05 million in the year-ago period.

Interests earned also grew 24.1% to BHD 22.02 million in the nine-month period of 2016, compared to BHD 17.74 million in the prior-year period.

Mubasher Contribution Time: 30-Oct-2016 08:57 (GMT)
Mubasher Last Update Time: 30-Oct-2016 08:57 (GMT)