Wednesday 14, May 2014 by Robin Amlôt

SICO reports Q1 net profit up 157 per cent at BHD 2.6 million

Bahrain-based conventional wholesale bank, Securities & Investment Company (SICO), reported a strong start to fiscal year 2014. Net profit for the first quarter increased by 157 per cent to BHD 2.6 million compared with BHD 1.00 million for the corresponding period in 2013, with earnings per share rising 156 per cent to Bahraini fils 6.01 (Q1 2013: 2.35 fils).

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