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FINANCIAL NEWS
Bahraini Alba logs USD257m net income in 2014
10 Feb 2015
(MENAFN) Alba logged an increase of its net profit of USD257 million in 2014, a growth of 21 percent compared with USD212 million in 2013, Gulf Daily News reported.
Entire sales for 2014 amounted to USD2.16 billion compared to USD1.97 billion in 2013, showing an increase of 10 percent year-on-year.
Meanwhile, net income stood at USD91.18 million, increasing from USD36.1 million registered in the fourth quarter in the aforementioned year.
Total sales, which increased by 21 percent during the period, amounted to USD585.600 million versus former USD483.607 million year-on-year.
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