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08/11/2017 07:53 AST
Bahrain Duty Free has achieved a net profit of $15.5 million for the nine months ended September 30 2017, representing an increase of 9.1 per cent compared to the same period last year.
The financial results were annnounced following a meeting of the company's board of directors today (November 7).
Farouk Yousuf Al Moayyed, chairman of the board, said company sales also grew 9 per cent to $62.2 million compared to prior year's sales of $57.1 million.
He said the shareholder's equity as at September 30 stood at $131.80 million, compared to $134.671 million last year and earnings per share rose 9.1 per cent to 10.9 US cents compared to last year's figure of 10 US cents per share.
In the three months ended September 30, sales were $22.248 million compared to $20.338 million last year, which represents an increase of 9.4 per cent. Net profit of $5.955 million was an increase of 10.5 per cent compared to prior year quarter.
Trade Arabia
22/02/2018
Bahrain Duty Free Shop Complex has posted a net profit of $18,809,806 during 2017, down from $22,091,013 in the previous year, marking a 14.9 per cent reduction.
The company reported gross
Trade Arabia
27/11/2017
Travel retailer Bahrain Duty Free is taking to the skies as exclusive onboard supplier of inflight retail for Gulf Air, Bahrain's national carrier, giving the airline's passengers the opportunity to
Trade Arabia
11/05/2017
Bahrain Duty Free has achieved a net profit of US$5.84 million during the first quarter of the year, compared to $4.78 million during Q1 2016, marking an increase of 22 per cent.
Basic ear
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TALABAT | 0.91 | -0.01 (-1.09 |
| AMR | 1.76 | -0.01 (-0.57 |
| ADAVIATION | 5.32 | 0.00 (0.00 |
| ADNH | 0.43 | 0.00 (0.00 |
| ALG | 1,123.00 | 7.00 (0.62 |
05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
05/12/2025
Bahrain Marina Development Company (BMDC), the master developer of the Bahrain Marina project on the eastern waterfront of Manama, has announced the signing of a strategic partnership agreement with
Trade Arabia
05/12/2025
Investcorp Capital (ICAP), a company listed on the Abu Dhabi Securities Exchange, today (December 4)announced that it has successfully acquired a diversified portfolio of industrial assets for $400 m
Trade Arabia
05/12/2025
In recognition of its sustained commitment to promoting inclusivity and fostering a workplace environment that embraces all segments of society, Gulf Bank received a special invitation from the Briti
Kuwait Times
05/12/2025
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 m
Trade Arabia
Financial Information Co.
Saudi Arabia