BNH announces its financial results for theyear ended 31 December 2021

BNH announces its financial results for theyear ended 31 December 2021

Bahrain National Holding Company (BNH) announced its financial results for the fourth quarter and for the year ended 31st December 2021. For the fourth quarter ended 31st December 2021, the Group achieved a net profit attributable to the shareholders of BD1.21 million compared to BD1.05 million during the fourth quarter of the previous year, an increase of 15%. The earnings per share for the fourth quarter increased to 10.7 fils compared to earnings per share of 9.3 fils during the same period of 2020. The total comprehensive income attributable to the shareholders for the fourth quarter ended 31st December 2021 decreased by 30% to BD1.68 million, compared to total comprehensive income attributable to the shareholders of BD2.39 million during the same period of 2020. For the year ended 31st December 2021, the Group achieved a net profit attributable to the shareholders of BD6.39 million, compared to BD4.94 million during the last year, an increase of 29%. Earnings per share increased to 56.7 fils compared to 43.8 fils for the year 2020. The total comprehensive income attributable to the shareholders for the year ended 31st December 2021 increased to BD7.51 million, compared to BD5.92 million during the last year of 2020,