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FINANCIAL NEWS
Bahrain’s SICO profit up 166 percent in H1
27 Jul 2014
(MENAFN) Bahrain-based Securities & Investment Company (SICO) said that its net profit boosted by 166 percent to USD13.44 million in the first half of the current year compared to USD5.009 million in the same period a year earlier, according to Gulf Daily News.
Operating income increased by 87 percent to USD21.62 million, up from USD11.60 million in the same period last year.
The company’s net profit boosted to USD6.591 million in the second quarter of this year compared to USD2,375,620 in the same period a year earlier, while operating income increased by 86 percent to USD10.5466 million from USD5.800 million in the same period last year.
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