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Esterad returns stand at BHD 3.19m in 2014

Esterad returns stand at BHD 3.19m in 2014
Esterad
ESTERAD
0.49% 0.20 0.00

Esterad Investment Company has issued its financial statements for 2014, as the Company achieved earnings worth BHD 1.97 million against BHD 2.14 million in the previous year, plunging by eight percent.

 

The report noted that earnings per share (EPS) had dropped to 14.06 fils in 2014 against 15.23 fils in 2013.

 

Moreover, Esterad posted returns worth BHD 3.19 million in 2014, compared to BHD 3.36 million in the previous year, registering a drop by five percent.

 

Meanwhile, the Company’s assets increased by BHD two million, standing at BHD 50 million by the end of 2014 against BHD 48 million in the corresponding period of 2013, rising by four percent.

 

It is worth highlighting that Esterad’s capital is amounted to BHD 14 million, distributed on 140 million shares, with a par value of BHD 0.1 per share.