Esterad Q4 financials turn profitable

Mubasher: Esterad Investment achieved profits worth nearly BHD 2,760 ($7,270) during the fourth quarter of 2016 versus losses of nearly BHD 145,000 ($381,900) in the same period a year ago.

During the fiscal year of 2016, earnings totaled approximately BHD 806,360 as compared to BHD 1.155 million in FY15, according to a bourse statement issued on Thursday.

The board has recommended a cash dividend of 5% or 5 fils a share, with a total of nearly BHD 697,521.

 

Mubasher Contribution Time: 26-Jan-2017 10:15 (GMT)
Mubasher Last Update Time: 26-Jan-2017 10:15 (GMT)