BCFC registered net loss of BD 4.3 million in 2020

BCFC registered net loss of BD 4.3 million in 2020

Bahrain Commercial Facilities Company (BCFC) registered a net loss of BD 7.3 million in the fourth quarter of 2020 (2019: Net profit of BD 1.6 million) and registered a basic and diluted earnings per share of (36) Fils (2019: 8 Fils). During the fourth quarter, the Group registered a total comprehensive loss of BD 7.7 million (2019: total comprehensive income of BD 2 million). For the quarter, the Group has achieved a net interest income of BD 5.1 million, 15% below the same period last year (2019: BD 6.0 million). The Group has achieved an operating income of BD 7.3 million which is 28% lower than the same period last year (2019: BD 10.1 million).



In 2020, the Group has reported a net loss of BD 4.3 million for the year ended 31 December 2020 which is significantly lower than net profit of BD 17.1 million achieved in 2019. This results in a basic and diluted earnings per share of (21) Fils (2019: 85 Fils). The Group registered a total comprehensive loss of BD 8.0 million compared to a comprehensive income of BD 14 million achieved during the same period last year. The Company has achieved a net interest