Mubasher: Bahrain-based Banader Hotels Company reported a 13.6% year-on-year decrease in losses attributable to shareholders during the first quarter of 2019.

The hospitality firm’s losses amounted to BHD 757,840 in Q1-19, compared to BHD 876,980 in Q1-18, according to a recent statement to Bahrain Bourse.

Banader Hotels’ operating revenues increased to BHD 872,790 in Q1-19, against BHD 751,946 in the year-ago period.

In 2018, the Bahraini firm’s losses rose 1.8% to BHD 3.67 million, compared to BHD 3.61 million a year earlier.