MUSHRIF profits grow by 27% in the first quarter of 2014

May 21, 2014

MUSHRIF reported its financial results for the first quarter ended March 31, 2014. The company recorded a net profit of KD 0.715 million with earnings per share (EPS) of 3.46 fils in Q1 2014, compared to a net profit of KD 0.561 million with EPS of 2.81 fils during the same period in 2013. Total Revenue stood at KD 6.9 million in 2014 as against KD 5.2 million in 2013. During Q1 2014, MUSHRIF achieved 27 percent increase in net profits over the same period in 2013 with the ongoing improvement in Operational profits.