FINANCIAL NEWS

Net Income for Investcorp decreases by 23%

13 Aug 2016

(MENAFN) Investcorp, the global manager of alternative investment products, recorded a net income of USD90.1m for the year ended by the end of June, marking a drop of 23%.

Bahrain-based Investcorp had increased shareholder revenues to 24 cents per share, compared to 15 cents last year, registering a rise by 60%.

Mohammed Mahfoodh Alardhi, executive chairman, stated: “We are in a particularly exciting phase of development as we see tangible results of putting our ambitious growth strategy in action, with a purposeful investment across the business.”

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more