Tuesday 19 March 2024
 
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Liquidity Management Centre

LMC posts $3.6m net profit in 2013

Bahrain-based Liquidity Management Centre (LMC) reported a net profit of $3.58 million last year compared to $3.069 million in 2012. LMC recorded 16.62 per cent increase in the net profit, a return on capital equivalent to 7.02 pe

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LMC net profit rises 6.9pc to $2.8m

Bahrain-based Liquidity Management Centre (LMC) has reported a 6.88 per cent increase in net profit at $2.80 million for the nine months ended September 30, compared with $2.62 million for the same period last year. This resulted

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LMC net profit surges 78pc to $2.2m in H1

Bahrain-based Liquidity Management Centre (LMC) has reported 78.64 per cent increase in net profit at $2.18 million for the first half of this year, compared with $1.22 million for the same period last year. The net profit resulte

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Liquidity Management posts $1.43m profit

  Bahrain-based Liquidity Management Centre (LMC) has reported a 179.25 per cent increase in net profit at $1.43 million for the first quarter, compared with $0.511 million for the same period in 2012.  

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LMC net profit soars 844pc

Bahrain-based Liquidity Management Centre (LMC) has reported a 844.30 per cent increase in net profit for 2012 to $3.069 million compared with $0.325 million for 2011. LMC's shareholders are Bahrain Islamic Bank, Dubai Islamic

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LMC's net profit surges to $2.6m

Liquidity Management Centre (LMC) has posted a net profit of $2.615 million in the first nine months of this year after a net impairment provision of $220,000. This compares with a net profit of $1.254 million for the same period

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LMC first quarter net profit surges

Liquidity Management Centre (LMC) has announced a first-quarter net profit of $511,000 after the impairment provision of $146,000, compared with a net profit of $361,000 for the same period in 2011. The total operating income was $1.96 mil

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Building firm's $100m sukuk a success

The $100 million sukuk for the Building Materials Company has been successfully settled and paid for in full on its maturity date on October 18. This was announced by Kuwait Finance House (KFH), Liquidity Management Centre, Gulf Internatio

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LMC in push to boost liquidity

Liquidity Management Centre (LMC), the Bahrain-based bank, has taken aggressive steps towards enhancing its financial position in order to adequately prepare itself for future opportunities. By being prudent, the bank has approved tak

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LMC posts Q1 operating income of $3.4m

Bahrain-based Liquidity Management Centre (LMC) registered a total operating income of $3.4 million in the first quarter of the year up from $1.3 million for the same period last year. The bank achieved a net profit of $1.1 million af

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