SICO reports net profit of BD 3.5 million for the first half of 2015

Manama, Kingdom of Bahrain, 26 July 2015: Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial results for the second quarter of 2015 and the first six months of the year.

Net profit for the first half of 2015 was BD 3.5 million compared with BD 5.1 million for the first six months of 2014, a decrease of 31% mainly due to lower performance and turnover by all GCC markets; while operating income totaled BD 6.8 million versus BD 8.2 million or 17% lower for the same period last year. Basic earnings per share were Bahraini 8.3 fils against 11.8 fils for the first six months of 2014.

The full press release in english & arabic can be downloaded here

The advertisment in english & arabic can be downloaded here

First Quarter 2015 financials can be downloaded here