Mubasher: United Paper Industries’ (UPI) net profit rose in the third quarter of last year by 43.1% compared to the same period of 2014, according to the company’s filing.

The company posted BHD317,400 ($847,940) net profit by the end of Q3, compared to a profit of BHD401,620 ($1.1 million) in the same quarter of the previous year.

The Manama-listed company achieved profits BHD837,100 for the last nine months of 2015, compared to profit of  BHD515,160 in the same period of the previous before.

UPI profits for the six-month period ended 30 September 2015 rose by 77%  to BHD521,500.

The company’s stock reached the level of BHD0.33 at its last trading on 17 March 2015 and its trading volume was 348,020 shares at BHD119,71.