Mubasher: Solidarity Bahrain’s profit went up 28.6% year-on-year to BHD 725,000 ($1.922 million) in the first three months of the fiscal year 2019.
Revenue rose to BHD 4.07 million in Q1-19 versus BHD 3.99 million in the year-ago period, according to a bourse statement released on Tuesday.
Meanwhile, the company’s total expenses declined to BHD 2.6 million in the three-month period ended 31 March, compared to BHD 2.92 million in the year before.
In 2018, Solidarity’s profit soared 140% YoY to BHD 2.306 million.
