Bahrain Flour Mills' headquarters (Photo credit: Company's website)
Al Matahin
BFM
-2.70%
0.36
-0.01
BFM
Mubasher: Bahrain Flour Mills Company’s profits grew in the second quarter of the fiscal year 2016 by 551.3% to BHD 102,510 ($270,000), compared to BHD 15,740 ($41,450).
Net profit reached BHD 352,590 in the first half of fiscal 2016, 5.15% up from BHD 335,310 in H1-15, according to a bourse filing.
The company’s board of directors recommended cash dividends for H1-16, but didn’t mention their value.
Bahrain Flour Mills earlier posted a net profit of BHD 250,080 for Q1-16.
Source:
Mubasher