17/08/20
Financial highlights for 2020 1st Half year
Strong 1st half result driven by increased revenue in both container and general cargo business
2020 1st half year revenue grew by 13.6% 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 improved by 51.3% to BHD 6.9 Mill. It is the combination of revenue increase and higher interest income on our active cash management.