Operating profits decreased by 14.4% (Photo Credit: Arabianeye-Reuters)
National Hotels
NHOTEL
-1.22%
0.24
-0.00
NHOTEL
National Hotels achieved a 4.5% growth in earnings of the first quarter in 20106 as compared to the same quarter in 2015.
The company reported profits worth BHD 1.12 million ($2.97 million) in Q1-16, compared to BHD 1.073 million ($2.84 million) in Q1-15.
Operating profits decreased by 14.4% to BHD 1.155 million in Q1-16 from BHD 1.35 million in Q1-15.
Source:
Mubasher