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Trafco’s Q1 profits increase 7.6%

Trafco’s Q1 profits increase 7.6%
Earnings increased to BHD 691,612 (Photo Credit: Arabianeye-Reuters)
Trafco
TRAFCO
1.53% 0.27 0.00

Mubasher: Trafco Group posted a growth of 7.6% in net profits of the first quarter as compared to the same period in 2015, the company said in a bourse statement, according to the unaudited financial statements.

Earnings increased to BHD 691,612 ($1.83 million) in Q1-16 as compared to BHD 642,932 ($1.7 million) in Q1-15.

Gross profits rose 19.8% to BHD 2.18 million ($5.79 million) in Q1-16.