Mubasher: Trafco Group suffered losses of BHD 70,000 ($179,900) during the fourth quarter of 2016 against a profit of about BHD 40,000 ($102,800) in the same period of 2015.

During the fiscal year of 2016, the company’s profits grew 1.16% to total BHD 1.74 million as compared to BHD 1.72 million in FY15, according to a bourse filing issued on Monday.

Earnings per share reached 23 fils in FY16, compared with 22 fils in FY15.

The board has recommended a cash dividend of 17% or 17 fils for FY16, with an overall value of BHD 1.36 million.