Bahrain Duty Free profits hit 2.3%

Bahrain Duty Free
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Bahrain Duty Free Shop Complex posted an increased profit of 2.3% in the first nine months of 2019, while profits decreased by 5.6% in the same period last year. Total comprehensive income was also boosted by 4.4% growth year-on-year, resembling a 3% increase in the operating profit. Affected by the decline in investment income, third-quarter revenues fell by 2.2%, with net profit falling by 1.6%.

The development of a new terminal at Bahrain International Airport is expected to have a significant impact on the operations.

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