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Esterad profits down 16% in 9 months

Esterad profits down 16% in 9 months
Photo Credit: Arabianeye-Reuters
Esterad
ESTERAD
-3.00% 0.19 -0.01

Mubasher: Esterad Investment posted earnings worth BHD 1.27 million in the nine-month period ended 30 September, compared to BHD 1.5 million in the same period of 2014, a decrease of 16%.

The Bahraini company’s net profit plunged 72.5% to about BHD 194,000 in Q3-15 from nearly BHD 705,200 in Q3-14.