Esterad profits plunge 47.7% in 2015

Mubasher: Esterad Investment posted a decline of 47.7% in net profits for 2015.

The company’s net profits stood at BHD 1.16 million in 2015, down from BHD 2.2 million a year earlier.

The company’s earnings per share reached 8.12 Bahraini fils in 2015, against 14.91 Bahraini fils per share in 2014.

Esterad saw earlier, a decline of  16% in net earnings for the first nine months of 2015, when its profits reached BHD 1.27 million down from BHD 1.5 million a year earlier

Mubasher Contribution Time: 28-Jan-2016 06:13 (GMT)