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National Hotels profit surges 6% in 9m

National Hotels profit surges 6% in 9m
National Hotels
NHOTEL
10.00% 0.22 0.02
National Hotels announced its interim financial statements for the nine months period ended September 30, 2014.

The statements showed BHD2.12 million net profit compared to BHD1 million for the same period of previous year, up by around 6%.

The company’s Earnings per Share (EPS) amounted to BHD20.41 fils for the period ended September 30, 2014 versus BHD20.24 fils for the corresponding period in 2013.
Meanwhile, the company posted BHD662.5 thousands net profit for the third quarter of 2014 against BHD377.7 thousands for the same period of previous year, with growth by 75.4%.

However, the company's net profit stood at BHD2.5 million in 2013 against BHD2.038 million in 2012.