Monday 20 October 2014
 
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Bahrain Ship Repairing and Engineering Company

Basrec enters into expansion mode

Bahrain Ship Repairing and Engineering Company (Basrec) has embarked on a major expansion which includes a significant upgrade of its power supply as well as extension of berthing facilities. This expansion will boost its already

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Bahrain ship repair firm sees drop in profits

Bahrain Ship Repairing and Engineering Company said its revenue fell from BD7.13 million ($18.7 million) in 2011 to BD5.44 million ($14.3 million) mainly due to volatility in the ship repair industry coupled with increased competition. &n

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Bahrain ship repairing firm posts $7m profit

Bahrain Ship Repairing and Engineering Company (Basrec), which is in its 50th year of operations, said its 2011 full-year profit rose to BD2.6 million ($7 million) from BD2.2 million the previous year. Last year was a good one for Basrec a

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Bahrain Ship Repairing net rises 62pc

Bahrain Ship Repairing and Engineering Company recorded a profit of BD3.7 million ($9.82 million) last year, a 62 per cent increase over the same period in 2007. The company is offering dividend worth BD480,000, 70 per cent of paid-up capi

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