An Increase of 11.2%. Seef Properties Posts Net Profit of BD7.93 Million During the First Nine Months of 2017
Seef Properties announced the financial results for the first nine months of 2017 recording BD7.93 Million in net profits, a 11.2% increase from BD7.13 posted during the same period last year. Net profits for the third quarter of 2017 reached BD2.73 Million compared to BD2.64 Million recorded during the same period last year.
Seef Properties also reported an operating income of BD4.63 Million during the third quarter of 2017 compared to BD3.89 Million posted during the same period in 2016, marking an increase of 19.1%. Meanwhile the operating profit witnessed a growth of 9.4% from BD3.79 Million posted during the third quarter of 2017 when compared to BD3.46 Million recorded during the same period last year.