trending Market Intelligence /marketintelligence/en/news-insights/trending/yqbcSAida2Z20YG2CgfLhw2 content esgSubNav
In This List

Bahrain Flour Mills Q3 profit climbs YOY

Blog

Sitting on the fence: Which way will the solar panel industry turn?

Blog

Investment Banking Essentials: May 29

Blog

Banking Essentials Newsletter May 29th Edition

Blog

The Private Equity and Venture Capital Deal Landscape: Q1 2024


Bahrain Flour Mills Q3 profit climbs YOY

Bahrain Flour Mills Co. BSC said its third-quarter normalized net income amounted to 412,660 Bahraini dinars, a gain from 52,980 dinars in the year-earlier period.

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

The normalized profit margin climbed to 26.5% from 3.6% in the year-earlier period.

Total revenue rose year over year to 1.6 million dinars from 1.5 million dinars, and total operating expenses fell from the prior-year period to 1.4 million dinars from 1.5 million dinars.

Reported net income rose on an annual basis to 660,260 dinars, or 27 fils per share, from 84,770 dinars, or 3 fils per share.

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