Friday 19 April 2024
 
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Asmak

IHC posts 12pc rise in 2017 profit to $7.9m

International Holding Company (IHC), formerly known as International Fish Farming Holding Company (Asmak), has posted a net profit of Dh29.3 million ($7.9 million) in 2017 versus Dh26 million in 2016,marking a rise of 12 per cent.

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Bahrain’s Asmak set for capital boost

Asmak’s main shareholders, Bahrain Mumtalakat Holding Company and Bahrain Development Bank (BDB), have agreed to contribute to increasing the capital of the company from BD1.38 million ($3.63 million) to BD2.76 million, reported the Gu

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