Mubasher: National Hotels posted a decline of 10.8% in profits during the third quarter of 2016 as compared to the corresponding period of 2015.

Earnings amounted to nearly BHD 744,600 ($1.96 million) in Q3-16 as compared to about BHD 835,000 ($2.2 million) in Q3-15, according to a bourse statement issued on Thursday.

During the nine months of 2016, profits decreased by 9.7% to BHD 2.6 million from BHD 2.9 million in the same period in 2015.