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Bahrain Commercial Facilities’ profits rise 11% in 2014

Bahrain Commercial Facilities’ profits rise 11% in 2014
Photo Credit: Arabianeye-Reuters
Bahrain Facilities
BCFC
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Manama – Mubasher: Bahrain Commercial Facilities Co. (BCFC) announced its financials to the Bahrain Bourse and reported an 11% growth in its profits for 2014 to BHD 14.5 million ($38.2 million) compared to BHD 13 million ($34.4 million) by the end of 2013.

Operational revenues rose by 16.99% to BHD 29.9 million against BHD 25.58 million in 2013. Profits from selling vehicles reached BHD 7.67 million against BHD 7.2 million the year before.

BCFC had reported a profit of BHD 11.23 million during the first nine months of 2014 compared to BHD 9.6 million during the corresponding period in 2013, a rise by 17%.

BCFC’s capital amounts to BHD 16.33 million divided on 163.3 million shares at par value BHD 0.1.