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FINANCIAL NEWS
Bahrain’s Seef Properties profit up to USD27.32 m
31 Mar 2012
(MENAFN) Bahrain’s Seef Properties said that 2011’s operating profit reached USD27.32 million, up from USD27.16 million recorded a year earlier, reported Gulf Daily News.
The company added that total assets grew slightly, reaching USD314.86 million, from USD301.18 million in 2010.
The real estate firm also said that full year cash dividend would be USD9.15 million, for shareholders.
It is worth noting that Seef Properties is optimistic that 2012 would record positive and strong financial results.
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