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Esterad Investment posts $2.5m profit in 6M

Esterad Investment posts $2.5m profit in 6M
Revenue went up to BHD 1.596 million in H1
Esterad
ESTERAD
0.49% 0.20 0.00

MubasherEsterad Investment Company reported a 168.13% year-on-year profit hike during the first six months of 2019, recording BHD 953,124 ($2.527 million).

The company’s revenue went up to BHD 1.596 million in H1-19 versus BHD 979,687 in the year-ago period, according to a bourse statement released on Wednesday.

Esterad turned to profit during the second quarter of 2019, recording BHD 532.370 profit.

Earnings per share (EPS) hit 2.12 fils in Q2-19.