Bahrain National Holding announces 61% increase in net profit
Saturday, 05 15 2021, Category: Insurance and Reinsurance, Country: Bahrain
Bahrain National Holding Company, the parent of Bahrain National Insurance (bni) and Bahrain National Life Assurance (bnl), has achieved a net profit of BD1.89 million for the first quarter of 2021, compared to BD1.17m during the first quarter of the previous year, an increase of 61 per cent.
Earnings per share during the first quarter were 16.7 fils compared to 10.4 fils in the first quarter of the previous year.
The total comprehensive income for the quarter was BD1.47m compared to loss of BD1.77m during the previous period of last year.