SICO's net profit increases by 99% to BD3.37 million

Manama, Bahrain – 11 November 2013: Bahrain-based regional investment bank, Securities & Investment Company (SICO), announced today its financial results for the third quarter of 2013 and the first nine months of the year.

Net profit for the nine-month period ended 30 September increased by 99% to BD 3.37 million, compared with BD 1.69 million for the corresponding period for 2012; while operating income grew by 35% to BD 7.08 million from BD 5.25 million for the first nine months of the previous year. Basic earnings per share rose by 98% to 7.87 fils, from 3.97 fils for the same period last year.

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

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The Interim financial information for the period ended 30 September 2013 can be downloaded here