Delmon Poultry moves to losses in Q4

Mubasher: Delmon Poultry reported a negative performance in the financials for the fourth quarter of 2015, as it posted losses worth about BHD 520,500 ($1.37 million) in Q4-15, against earnings worth nearly $373,900 ($984,360) in Q4-14.

During the fiscal year 2015, the Bahraini company posted about BHD 521,540 profits which were 35.4% lower than nearly BHD 807,590 in FY14.

The board of directors has recommended a distribution of 15% cash dividends or BHD 0.015 per share, with an overall value of BHD 459,000.

Mubasher Contribution Time: 10-Feb-2016 08:22 (GMT)