(MENAFN) National Finance House (NFH), the Bahraini incorporated finance provider, registered USD2.67 million net profit in 2014, marking a 20 percent increase over the USD2.22 million of 2013, Gulf Daily News reported.
The firm's total operating income reached USD7.73 million in 2014, compared with the USD7.36 million of 2013. Total assets hit USD118.92 million against USD115.3 million in 2013.
Fourth quarter net profit also witnessed an increase, reaching USD594,216 in 2014 compared to USD475,373 in 2013, as the company continues to show growth in its business.
"With Bahrain maintaining its trend of economic growth during the year, there was a subsequent improvement in market conditions and consumer confidence," NFH's chairman said in a statement.
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