Mubasher TV
Contact Us Advertising   العربية

Bahrain National posts 10% rise in FY15 earnings

Bahrain National posts 10% rise in FY15 earnings
Photo Credit: Arabianeye - Reuters
BNH
BNH
-0.59% 0.50 -0.00

Manama-Mubasher: Bahrain National Holding (BNH) recorded consolidated net earnings of BHD 4.2 million in 2015, a rise of 10% compared with BHD 3.8 million in 2014. Last year's profits are the highest since 2007.

The associate firms' profits climbed 53% year-on-year to BHD 1.5 million from BHD 1 million.

The fourth-quarter earnings reached BHD 655,000, compared with BHD 193,000 in 2014, boosted by strong subscription proceeds and robust investment income.

The board recommended 20% cash dividends which are subject to the approval of shareholders and competent authorities.