Gulf Hotels Group reports net profit of BD 6.669million

Manama, Feb. 27 (BNA): Gulf Hotels Group (GHG) said that it achieved a net profit of 6.669 million Bahraini dinars for the year ending on December 31, 2022, compared to 3.396 Bahraini dinars for the previous year, recording an increase of 96.4%. .

Earnings per share amounted to 30 fils, compared to 15 fils per share, during the same period in 2021.

In a statement, the company said that it achieved a net profit of BD 2.557 million in the fourth quarter of 2022, compared to profits of BD 3.194 million in the fourth quarter of the previous year, a decrease of 19.94%.

Earnings per share amounted to 11 fils, compared to 14 fils in the fourth quarter of last year.

Total comprehensive income amounted to BD 2.301 million compared to BD 3.188 million for the fourth quarter of the previous year, with a decrease in profit of 27.9%.






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