trending Market Intelligence /marketintelligence/en/news-insights/trending/kCqfpUQwnGhsV1-My59ytg2 content esgSubNav
In This List

Bahrain Duty Free Shop Complex BSC Q2 profit falls YOY

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Bahrain Duty Free Shop Complex BSC Q2 profit falls YOY

Bahrain Duty Free Shop Complex BSC said its second-quarter normalized net income was 973,450 dinars, a decrease of 45.8% from 1.8 million dinars in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 14.3% from 25.0% in the year-earlier period.

Total revenue declined 5.0% year over year to 6.8 million dinars from 7.2 million dinars, and total operating expenses climbed 5.2% year over year to 5.7 million dinars from 5.4 million dinars.

Reported net income declined 45.8% from the prior-year period to 1.6 million dinars, or 11 fils per share, from 2.9 million dinars, or 20 fils per share.

As of Aug. 9, US$1 was equivalent to 380 Bahraini fils.