Mubasher: Seef Properties achieved profits worth BHD 2.2 million ($5.78 million) in the first quarter, 10.65% higher from BHD 1.98 million ($5.23 million) in the same quarter of 2015, according to a bourse statement.

Operating revenues grew 5.6% to BHD 3.61 million ($9.57 million) in Q1-16, from BHD 3.4 million ($9.02 million) in Q1-15.

Seef clarified that the operating profit increased by 6.3% to reach BHD 3.46 million ($9.18 million) in Q1-16, compared to BHD 3.25 million ($8.62 million) in Q1-15.