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BHM Capital reports higher profits in H1-21

BHM Capital reports higher profits in H1-21
The company's income increased to AED 26.019 million in H1-21
BHM Capital
BHMCAPITAL
0.00% 3.09 0.00

Dubai – Mubasher: The net profits of BHM Capital increased to AED 5.115 million during the first half (H1) of 2021, compared to AED 1.695 million in the same period of 2020, as shown by the company's interim consolidated financials for the six-month period ended 30 June 2021.

The company's income increased to AED 26.019 million in H1-21 from AED 17.638 million in the year-ago period.

The basic and diluted earnings per share (EPS) settled at AED 0.009 in the January-June period of 2021, against AED 0.003 in the corresponding period of 2020.

During the second quarter (Q2) of 2021, the company's net profits decreased to AED 2.851 million, compared to AED 3.103 million in the same quarter of 2020.

It is noteworthy to mention that during the first quarter (Q1) of 2021, the company achieved net profits of AED 2.26 million, versus net losses of AED 1.43 million in the prior-year period.