VOL. XLII
No. 10
8-March-1999
BAHRAIN
Investcorp Reports 5.2% Increase In Profits
Bahrain-based investment house Investcorp has announced afourth consecutive year of profit growth, with earnings increasing 5.25% over1997 to $114.3mn (for highlights of the accounts, see table below). Thedividend is held at a conservative $29mn representing 30% of paid-up capital.Unlike in 1997, when a good deal of the improved profitability came from incomefrom managed funds, this year Investcorps earnings relied...
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