Cairo-Mubasher: Seef Properties reported a 8% rise in FY14 net earnings to BHD 10.82 million ($28.7 million), compared with around BHD 10 million ($26.5 million) in 2013.

The earnings per share (EPS) grew from 21.8 fils to 23.52 fils in 2014.

Q4 earnings netted nearly BHD 5.62 million, with a rise of 13% year-on-year from BHD 4.97 million.

The EPS increased from 10.81 fils in Q3-14 to approx. 12.21 fils.

Operating revenue reached BHD 11.56 million in FY14, compared with BHD 11.15 million a year earlier.

The company operates with BHD 46 million capital, divided into 460 million shares, at BHD 0.1 par value each.