Mubasher: Securities and Investment Company (SICO) said that it moved to profits of BHD 2.85 million in the fourth quarter of 2015 against losses of BHD 1.37 million ($3.63 million) in Q4-14, according to its preliminary financial statements.

During the fiscal year 2015, the Bahraini company achieved profits worth BHD 2.85 million as compared to BHD 5.4 million in 2014, a 47% slump.

SICo’s net operating profit reached BHD 8.4 million in FY15, down 32% from FY14’s BHD 12.4 million.

Meanwhile, earnings per share slipped to 6.6 fils from 12.7 fils.