Middle East Economic Survey
Investcorp Profits Reach $110Mn
Investcorps net profits reached $110.3mn in the fiscal year ending 30 June, represents a 22% increase over fiscal year 2004, the company announced on 27 August. Income before operating expenses stood at a record $324.7mn while net income before provisions reached $171.6mn. Total assets stood at $4.8bn, and total shareholders funds reached $1.2bn. Established in Bahrain in 1982, Investcorp...