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FINANCIAL NEWS
Bahrain’s Seef Properties reports USD4.4m profits in Q1
14 May 2012
(MENAFN) Bahrain-based Seef Properties posted a 20 percent growth in quarterly profits on stronger revenue, Trade Arabia reported.
The company said it made USD4.4 million net profit during the first quarter, up from USD3.6 million a year earlier.
Chairman Shaikh Abdulla bin Khalifa Al Khalifa said the company gained higher revenue, mainly driven by strong performance from the leisure sector.
General Manager Robert Addison said that the return of stability to the kingdom helped in winning back consumers in all retail properties.
Addison also unveiled plans for a number of large-scale promotions and new outlets to operate this year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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