Middle East Economic Survey

VOL. XLVII

No 30

26-July-2004

COMPANY RESULTS

Investcorp Raises Profits 20% To $90Mn In 2003-04

Bahrain-based investment company Investcorp on 17 July announced a net profit for the fiscal year ended 30 June of $90.1mn, a 20% increase against profits for the previous fiscal period 1 January 2002 to 30 June 2003 (MEES, 21 July 2003). That fiscal period represented the transition for the company fiscal year from the calendar year to 1 July 30 June. The companys net income...