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Bahrain Tourism annual profit rises to BHD 1.6m

Bahrain Tourism annual profit rises to BHD 1.6m
Photo Credit: Arabianeye-Reuters
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Cairo-Mubasher: Bahrain Tourism Co. posted a 48.36% leap in FY14 net earnings.

The full-year net profit reached BHD 1.6 million ($436 thousand), compared with BHD 1.09 million ($297 thousand) a year earlier.

The company’s earnings from hotel operations amounted to BHD 534.84 thousand, compared with BHD 146.84 thousand in 2013.

Profit from investment activities increased from BHD 1.56 million to BHD 1.73 million.

The company operates with BHD 7.2 million capital, divided into 72 million shares at BHD 0.1 par value each.