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Bahrain's Mumtalakat sees 2015 net profit drop 68.7%
Bahraini sovereign fund Mumtalakat posted a 68.7 per cent drop in 2015 net profit on Sunday, as the state-owned investor cited impairment losses for the decline. Net profit in 2015 was $76.3 million against $243.6 million in the previous year, Mumtalakat said in a statement. Mumtalakat said the reduction in…
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