Bahrain's Trafco records 41pct drop in Q2 profits


(MENAFN) Trafco Group's net profits for Q2 of this year declined by 40.53 percent compared to the same period of last year.

The group's net profits stood at USD771.950mn in Q1 this year, against USD1.3mn in Q2 last year.

However, the firm's earnings also dropped by 13.3 percent in the first half of this year to BHD 984.770mn, compared to BHD 1.14mn in H1 of 2015.

On the other hand, Trafco earlier recorded a net profit of BHD 691.610mn for Q1 this year, an increase by 7.6 percent compared to the same period of 2015.


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