Sunday 14, February 2010 by
Sakana posts 47 per cent increase in mortgage finance income
The net profit for the year also increased by 22 per cent from BHD 580,000 ($1.54 million) in 2008 to BHD 710,000 million ($1.88 million) in 2009. Sakana continued to maintain tight control of all operating expenses and managed to marginally reduce the cost-to-income ratio to 56 per cent.
