Gulf Hotels profit hits record $28m
Manama, February 20, 2014
Bahrain-based Gulf Hotels Group has announced a net profit of BD10.460 million ($27.6 million) for last year, the highest since the company's inception.
The results were announced at the company's board meeting yesterday where shareholders approved a dividend distribution of 40 fils per share, reports our sister paper Akhbar Al Khaleej. – TradeArabia News Service