Mubasher: Nass Corporation earnings grew in the second quarter of the fiscal year 2016 by 164% to BHD 1.7 million ($4.48 million), compared to BHD 644,000 ($1.7 million) in Q2-15.
Total revenues leapt by 8.5% to BHD 28.33 million in Q2-16 from BHD 26.1 million in Q2-15, according to a bourse filing.
The company’s profits also rose in the first half of fiscal 2016 by 172.5% to BHD 3.57 million, versus BHD 1.31 million reported for H1-15.
Nass earlier posted a net profit of BHD 1.87 million for Q1-16.
