Mubasher: Bahrain Commercial Facilities achieved a growth of 20.6% in profits during the fourth quarter of 2016 as compared to the same period of 2015.
Earnings increased to BHD 5.26 million ($13.85 million) in Q4-16 from BHD 4.36 million ($11.48 million) in Q4-15, according to a bourse statement issued on Wednesday.
During the fiscal year, net profit grew 14.4% to BHD 19.91 million from BHD 17.41 million in FY15.
The board members recommended a cash dividend of 50% or 50 fils per share for FY16, the statement noted.
