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Trafco profit declines to BHD 1.5m in 2014

Trafco profit declines to BHD 1.5m in 2014
Photo Credit: Arabianeye-Reuters
Trafco
TRAFCO
1.53% 0.27 0.00

Cairo-Mubasher: Trafco Group posted a 3.29% decline in FY14 net earnings.

The full-year net profit reached BHD 1.56 million ($4.1 million), compared with BHD 1.6 million ($4.24 million) a year earlier.

 Profit from continued operations reached BHD 927.6 thousand, compared with BHD 1.36 million in 2013, a decline of 31.98%.

Sales fell 7.78% year-on-year from BHD 7.69 million to BHD 7.09 million.

The company operates with BHD 8 million capital.