FINANCIAL NEWS

Investcorp-Bahrain profit drops by 45pct

11 Aug 2016

(MENAFN) Bahrain-based fund Investcorp recorded a 45.1 percent decline in its second half net profit.

Additionally, the firm net income for the cited half stood at USD39.2mn, a drop from USD71.4mn a year earlier.

Moreover, the company also proclaimed that its board offered paying a dividend of 24 percent per share for this year, up from 15 percent in 2015.

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