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Bahrain Cinema earnings fall 38% in Q2

Bahrain Cinema earnings fall 38% in Q2
Net profit also fell in the first half of fiscal 2016 to BHD 1.42 million (Photo credit: Arabianeye - Reuters)
Cineco
CINECO
-10.00% 0.22 -0.02

Mubasher: Bahrain Cinema Company reported on Sunday a net profit of BHD 983,330 ($2.61 million) for the second quarter of the fiscal year 2016, dropping 37.8% compared to BHD 1.58 million ($4.2 million) for Q2-15.

Net profit also fell in the first half of fiscal 2016 to BHD 1.42 million from BHD 3.54 million in the same period of 2015, according to a bourse filing.

The company earlier posted a net profit of BHD 434,069 for Q1-16, 78% down from BHD 1.96 million for Q1-15.