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Gulf Hotels 9M profits fall 17.7%

Gulf Hotels 9M profits fall 17.7%
Photo Credit: Arabianeye-Reuters
Gulf Hotels
BHOTEL
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Mubasher: Gulf Hotels Group posted a drop of 17.7% to BHD 7.8 million in earnings for the first nine months ended 30 September as compared to BHD 9.47 million in the same period in 2014.

During the third quarter, the Bahraini company posted a decline of 6.26% to BD 1.78 million in earnings, down from BHD 1.9 million in Q3-14.