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FinancialNews
08-08-18
Bahrain Duty Free Shop's H1 net profit hits USD12.3m
(MENAFN) Bahrain Duty Free Shop Complex (DUTYF) was unveiled to have posted USD12.3 million of net profit during the first half of 2018.
Following the results, the board of directors of DUTYF suggested handing out 20 percent dividend of the share capital to the shareholders, starting August 14.
DUTYF has registered a net profit of USD4.98 million in the second quarter of this year, amounting for a 33 percent boost, as stated Chairman Farouk Yousuf Almoayyed.
The company was also said to have registered USD3.91 of operating profits during the second quarter, a 12.4 percent increase compared to the same period in 2017 when USD3.48 million was recorded.
MENAFN0808201800450000ID1097266517
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