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FinancialNews
21-02-18
Bahrain Duty Free records 14.9 percent decline in 2017 net profit
(MENAFN) Bahrain Duty Free Shop Complex has recorded a 14.9 decline in net profit by the end of last year, decreasing from around USD22 million to USD18.8 million.
It has also reached USD84 million in gross revenues, recording an increase of 10.8 percent over the past year.
The company also saw a 12.7 percent boost in operating profits from USD12.6 million to USD14.3 million.
However, it recorded a 52.0 percent decrease in investment activities' profit, reaching USD4.5 million from USD9.4 million, while basic earnings per share declined from USD0.16 per share to USD0.13.
MENAFN2102201800450000ID1096488843
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