Tuesday, December 11, 2007

Firms post 45pc rise in profits

Bahraini public shareholding companies listed on the Bahrain Stock Exchange achieved a net profit of BD736.5 million during the first nine months of 2007, compared with BD509.2m in the corresponding period last year, marking a growth of 44.7 per cent, according to the data released by the BSE.

The Investment Sector led the sectors in terms of the profits gained, with BD417.6m. Then came the Commercial Banks Sector recording profits of BD182.8m followed by the Services Sector with BD110m, Insurance Sector with BD13.2m, the Hotels & Tourism Sector with BD11.1m, and the Industrial Sector with BD1.7m.

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