Kuwait-Mubasher: GFH Financial Group achieved a surge of 177% in profits attributed to the shareholders during the first quarter as compared to the corresponding period in 2015, the company said in a bourse statement issued on Bahrain Bourse.
GFH’s earnings increased to $6.1 million in Q1-16, from $2.2 million in Q1-15.
The company, which is listed on KSE, BHB, and DFM, reported a consolidated profit worth $10 million, 67% higher from $6 million in the same period a year ago.