Seef Properties reports net profit of BD 3.64 Million for the nine month of 2020

  • Date: 05-Nov-2020
  • Source: Bizbahrain
  • Sector:Real Estate
  • Country:Bahrain
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Seef Properties reports net profit of BD 3.64 Million for the nine month of 2020

Seef Properties B.S.C (Bahrain Bourse Trading Code: SEEF) (“Company”), recently announced its financial results for the nine-month period ended 30 September 2020, including the financial results of the third quarter of 2020. The Company achieved net profit and total comprehensive income attributable to the parent of BD 0.93 million for the third quarter of 2020, compared to BD 2.35 million for the same quarter last year, with a decrease of 60.22%.  Diluted earnings per share for the third quarter OF 2020 amounted to 2.03 Fils, compared to 5.10 Fils in the same quarter of last year. The Company reported a net profit and comprehensive income of BD 3.64 million attributable to the parent, during the nine-month period ended 30 September 2020, compared to BD 7.07 million for the same