trending Market Intelligence /marketintelligence/en/news-insights/trending/Yzw2gwDPXoeUKwAro7qcYg2 content esgSubNav
In This List

Bahrain Flour Mills Q1 profit falls YOY

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Banking Essentials Newsletter: 17th April Edition


Investment Banking Essentials: April 17

Bahrain Flour Mills Q1 profit falls YOY

Bahrain Flour Mills Co. BSC said its first-quarter normalized net income came to 199,730 Bahraini dinars, a fall of 12.4% from 227,890 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 fell to 13.4% from 14.7% in the year-earlier period.

Total revenue declined on an annual basis to 1.5 million dinars from 1.6 million dinars, and total operating expenses fell 5.0% on an annual basis to 1.4 million dinars from 1.5 million dinars.

Reported net income fell 12.4% from the prior-year period to 319,570 dinars, or 13 fils per share, from 364,620 dinars, or 15 fils per share.

As of May 13, US$1 was equivalent to 380 Bahraini fils.