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Bahraini Seef Properties' profit up 21 percent  Join our daily free Newsletter

MENAFN - 19/02/2014

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(MENAFN) Bahrain's Seef Properties announced that its net profit in 2013 increased 21 percent, Gulf Daily News reported.

The company's chairman said that net profit in the year hit USD26.57 million, increasing from USD21.8 million in the year before it.

In the fourth quarter alone, net profit increased to USD13.1 million, up from USD6 million in the corresponding period a year earlier.

Operating profit in 2013 hit USD29.4 million, down from USD30.5 million in the year before it.

 






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