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Bahrain Family Leisure Q4 financial turn profitable

Bahrain Family Leisure Q4 financial turn profitable
Board members recommended zero dividends for FY16 (Photo Credit: Arabianeye-Reuters)

Mubasher: Bahrain Family Leisure achieved profits worth about BHD 245,630 ($631,400) during the fourth quarter of 2016 versus losses of nearly BHD 761,434 ($1.9 million) in the corresponding period of 2015.

During the fiscal year of 2016, the company reported profits of nearly BHD 155,630 against losses of nearly BHD 1.06 million in FY15, according to a bourse filing issued on Monday.

The board members recommended zero dividends for FY16.