Inovest reports nine-month net profit of US$5.2 million
- Date: 03-Nov-2020
- Source: The Daily Tribune - News of Bahrain
- Sector:Financial Markets
- Country:Bahrain
Inovest reports nine-month net profit of US$5.2 million
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Inovest yesterday reported a 41 per cent decrease in its third-quarter profit, hurt mainly by a relative slowdown in other income, real estate sales vis a vis an improvement in general expenses during the same time. Nine-month net profit rose by 4 pc.
Third-quarter consolidated net profit attributable to the parent shareholders was US$0.42 million in comparison to US$0.71 m for