Mubasher: Nass Corporation’s net profit for the third quarter of the fiscal year 2016 rose by 81.62% to BHD 939,000 ($2.41 million), versus BHD 517,000 ($1.33 million) for Q3-15.
Net profit for the first nine months of 2016 amounted to BHD 4.51 million, 146.42% up from BHD 49.13 million for the same period of 2015, according to a bourse filing.
Contract income increased in the nine-month period by 24.74% to BHD 61.78 million from BHD 49.13 million for the same period last year.
Nass earlier reported a net profit of BHD 3.57 million for the first half of 2016, 172.5% up from BHD 1.31 million for H1-15.
