Sunday 10, February 2013 by

Net profit up five-fold in 2012 for SICO at BHD 2.74 million

Bahrain-based investment bank Securities & Investments Company (SICO) reported oOperating income increased to BHD 7.35 million, up from BHD 4.63 million with basic earnings per share rise to 6.41 Bahraini fils, up from 1.14 fils in 2011. Total assets under management increased to BHD 228.2 million from BHD 206 million while securities under custody by wholly-owned subsidiary SICO Funds Services were BHD 824 million, down from BHD 864 million.

Features & Analyses