Bahrain Duty Free 9-month profits rise 9.1pc to $15.5m

08/11/2017 07:53 AST

Bahrain Duty Free has achieved a net profit of $15.5 million for the nine months ended September 30 2017, representing an increase of 9.1 per cent compared to the same period last year.

The financial results were annnounced following a meeting of the company's board of directors today (November 7).

Farouk Yousuf Al Moayyed, chairman of the board, said company sales also grew 9 per cent to $62.2 million compared to prior year's sales of $57.1 million.

He said the shareholder's equity as at September 30 stood at $131.80 million, compared to $134.671 million last year and earnings per share rose 9.1 per cent to 10.9 US cents compared to last year's figure of 10 US cents per share.

In the three months ended September 30, sales were $22.248 million compared to $20.338 million last year, which represents an increase of 9.4 per cent. Net profit of $5.955 million was an increase of 10.5 per cent compared to prior year quarter.


Trade Arabia

News

Bahrain Duty Free 2017 net profit hits $18.8m

22/02/2018

Bahrain Duty Free Shop Complex has posted a net profit of $18,809,806 during 2017, down from $22,091,013 in the previous year, marking a 14.9 per cent reduction.

The company reported gross

Trade Arabia

Bahrain Duty Free, Gulf Air inflight partnership takes off

27/11/2017

Travel retailer Bahrain Duty Free is taking to the skies as exclusive onboard supplier of inflight retail for Gulf Air, Bahrain's national carrier, giving the airline's passengers the opportunity to

Trade Arabia

Bahrain Duty Free Q1 profit up 22pc to $5.8m

11/05/2017

Bahrain Duty Free has achieved a net profit of US$5.84 million during the first quarter of the year, compared to $4.78 million during Q1 2016, marking an increase of 22 per cent.

Basic ear

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

DUTYF Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
TALABAT 1.13 0.02 (1.80%)
AMR 2.54 0.06 (2.41%)
ADAVIATION 5.59 0.03 (0.53%)
ADNH 0.46 0.00 (0.00%)
JAZEERA 1,492.00 -3.00 (-0.21%)

Recent News

Baladna, Gurmen Group partner to explore textile manufacturing in Syria

11/11/2026

Baladna Q.P.S.C. has signed a memorandum of understanding (MoU) with Turkish-based Gurmen Group to explore the development and operation of a textile manufacturing facility in Syria.

The agr

QNA

Vodafone Qatar, ITPC to explore regional, international connectivity opportunities

11/11/2026

Vodafone Qatar and the Informatics and Telecom Public Company (ITPC) have signed a Joint Cooperation Agreement at Mobile World Congress (MWC) Doha 2026 to establish a framework for collaboration in t

Gulf Times

Dukhan Bank announces November winners in Thara'a account prize draw

11/11/2026

Dukhan Bank has announced the names of the most recent round of draw winners for Thara'a, its Shariah-compliant savings account, at the bank's headquarters.

The draw was recently conducted u

Gulf Times

Commercial Bank named 'Best Retail Bank - Qatar 2026' by The Digital Banker

11/11/2026

Commercial Bank has been named 'Best Retail Bank - Qatar 2026' by The Digital Banker at the Global Retail Banking Innovation Awards 2026.

Shahnawaz Rashid, executive general manager and head

Gulf Times

ADIB launches 'ADIB Arrive' for new UAE residents

11/11/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched ADIB Arrive, a dedicated proposition designed for individuals and families who have recently relocated to the UAE.

Trade Arabia