SICO reports strong start to 2014 with net profit for the first quarter increasing by 157% to BD 2.6 million

Manama, Kingdom of Bahrain, 14  May 2014: Bahrain-based licensed by the Central Bank of Bahrain as a conventional wholesale bank, Securities & Investment Company (SICO), reported today a strong start to fiscal year 2014. Net profit for the first quarter increased by 157% to BD 2.6 million compared with BD 1.00 million for the corresponding period in 2013, with earnings per share rising 156% to Bahraini fils 6.01 (Q1 2013: 2.35 fils). Operating income grew by 89% to BD 4.23million (Q1 2013: BD 2.24mn), while total expenses for the quarter increased to BD 1.49 million (Q1 2013: BD 1.16mn).  

The full press release in English can be downloaded here

The full press release in Arabic can be downloaded here

The Advertisement in English can be downloaded here

The advertisement in Arabic can be downloaded here

The interim financial results can be downloaded here