Mubasher: National Hotels posted a decline of 36% in profits to nearly BHD 720,436 ($1.9 million) during the first quarter of 2017, compared to BHD 1.123 million ($3 million) in the same period of 2016.
The gross operating profit shrank by 36% to approximately BHD 739,060 in Q1-17 from BHD 1.15 million in Q1-16, according to a bourse statement issued on Sunday.
