Securities & Investment Company reports net profit of BD 2.74 million for 2012

Net profit increases more than five-fold, backed by a strong fourth quarter

Bahrain-based regional investment bank, Securities & Investment Company (SICO), announced today the Bank’s financial results for the year ending 31 December 2012.

Operating income for the final quarter of 2012 increased to BD 2.22 million compared to BD 1.82 million for the corresponding 2011 period while total expenses for the 4Q2012 rose slightly to BD 1.05 million from BD 967 thousand for the 4Q11. The net profit for the fourth quarter of 2012 is BD1.14mn, compared with BD 852 thousand for the previous year.

The full press release in English & Arabic can be downloaded here

The Financial information for the year ended 31 December 2012 can be downloaded here

The press advertisement in English can be downloaded here

The press advertisement in Arabic can be downloaded here