Tuesday 28 June 2016
 
»
Tag
 
»
profit

GPIC stays profitable

Bahrain-based Gulf Petrochemical Industries Company (GPIC) remained profitable last year despite the sharp decline in global prices and other market challenges, a report in the Gulf Daily News, our sister newspaper, said. To read furthe

More…

Cost squeeze helps VW brand back to profit after diesel debacle

Volkswagen's mass-market VW brand returned to profit in the first quarter, in a sign deep cost cutting is starting to revive the business at the heart of the German carmaker's emissions test cheating scandal. Europe's

More…

NBK - Egypt reports $20.96m Q1 profit

National Bank of Kuwait-Egypt (NBK-E) reported net profits of EGP186.6 million ($20.96 million) for the first quarter of 2016 compared with EGP126.3 million for the same period in 2015, growing at 47.7 per cent year-on-year. Total

More…

Gulf Bank posts $29m net profit in Q1

Gulf Bank, a leading lender in Kuwait, has registered a net profit of KD8.8 million ($29 million) for the first quarter of 2016.   This figure is down by KD 1 million year over year, said a statement from the Kuwaiti bank.

More…

GFH posts $6.1m net profit in Q1

Bahrain-based GFH Financial Group (GFH) has registered a net profit of $6.1 million for the first quarter, up 176 per cent over $2.2 million for the same period last year. Announcing the Q1 results, GFH said it had netted a consol

More…

Bank ABC Islamic reports $4.4m Q1 profit

Bank ABC Islamic posted a net profit of $4.4 million for the first quarter of 2016, 27 per cent lower compared to a record profit of $6.1 million reported for the same period last year, due mainly to a one-off transaction. The res

More…

Americana posts 12.3pc Q1 net profit drop

Kuwait Food Co (Americana) posted a 12.3 percent fall in first-quarter net profit on Thursday, citing higher costs and losses from foreign exchange for the decline. The operator of restaurant franchises in the Middle East includin

More…

Adnic posts $10.6m Q1 profit

Abu Dhabi National Insurance Company (Adnic) has announced a net profit of Dh39 million ($10.61 million) for the first quarter of this year, a growth of 670 per cent over the same period last year. The company’s net investme

More…

Bahrain Duty Free posts $4.8m Q1 profit

Bahrain Duty Free Complex achieved a net profit of $4.787 million in the first quarter of this year, a 22.5 per cent decline compared with last year's earnings of $6.181 million, a company statement said. The main reason for t

More…

Bahrain Duty Free posts $4.8m Q1 profit

Bahrain Duty Free Complex achieved a net profit of $4.787 million in the first quarter of this year, a 22.5 per cent decline compared with last year's earnings of $6.181 million, a company statement said. The main reason for t

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads