Money and business

“Bahrain Holding” announces the financial results for the first quarter of 2025

During the first quarter ending on March 31, 2025, the group achieved a net profit for shareholders, amounting to 0.32 million Bahraini dinars, compared to 1.59 million BD for the first quarter of the previous year, a decrease of 80 %. The profitability of the stock was 3 fils for the first quarter ending on March 31, 2025 compared to 13 fils for the first quarter of the previous year.

The group recorded losses in the total comprehensive income returning to the shareholders of 0.69 million Bahraini dinars for the first quarter ending on March 31, 2025, compared to profits of 3.58 million Bahraini dinars for the first quarter of last year.

The group’s insurance companies also achieved a 115 % decrease in the results of the assembled insurance services, and this was the main contribution to a decrease in net profit for the first quarter compared to the same quarter of the previous year, which is mainly due to the low insurance revenues. This decrease was partially compensated by the investment returns of the group of 0.89 million Bahraini dinars for the first quarter ending on March 31, 2025, compared to 1.27 million BD for the first quarter of the previous year, which represents a decrease of 31 %.

The total shareholders ’rights reached 67.28 million Bahraini dinars at the end of the first quarter of 2025 compared to 72.12 million Bahraini dinars at the end of 2024, which represents a slight decrease of 7 % due to the shareholders’ dividends in BNH. The total assets increased by 8 % to 120 million Bahraini dinars, compared to 111.92 million Bahraini dinars at the end of 2024.

Mr. Abdul Hussein Khalil Diwani, Chairman of the Board of Directors, who chaired the meeting, commented: “The first quarter of 2025 represents new chapters for Bahrain National Holding Company, where we continue to reshape our strategic direction after the exit deal for insurance companies. You will be directed towards sustainable success in the next stage. “

Mr. Raed Fakhry, the group’s CEO, commented: “The strategic shift march in the company continues to achieve remarkable progress, represented in the completion of the deal to sell our insurance companies, which represents a prominent station in this march. We are on the threshold of a new stage of growth, which is dominated by confidence and optimism in the future of the company during the coming period. Our strategy in the current stage focuses on diversifying income sources and employing capital In investment fields in line with our long -term vision, in order to achieve a sustainable added value to all our partners and shareholders. ”

The group notes that the financial statements reviewed for the three -month period ended on March 31, 2025, and the press news is available on our website www.bnhgroup.com and the website of the Bahrain Stock Exchange.

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