November 11 2020
Business highlights for 2020 Q3
Strong performance in Q3 driven by higher revenue in both container and general cargo business.
- 2020 Q3 revenue grew by 15.4% compared with 2019. Import for the BAPCO modernization project boosted the revenue in both container and general cargo business. Container business revenue further increased due to the closure of causeway to Saudi Arabia which converted the container volume from road to sea transportation.
- Profit for the year increased by 22.9% to BHD 3.3 Million, mainly driven by revenue increase.