Sakana posts H1 results
- Bahrain: Thursday, July 16 - 2009 at 11:04
Bahrain-based Sakana Holistic Housing Solutions, a 50:50 joint venture between BBK and Shamil Bank, has posted a net profit of BD486,000 for the period from January to June 2009. The firm's net financing income stood at BD1.56m as of June 30, 2009, an increase of 121% over June 30, 2008. Total assets had increased to BD39.2m, up 20% from BD32.7m, and mortgage assets stood at BD32m from BD23.3m, an increase of 37% over June 30, 2008, the company said.
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