Sunday, May 22, 2011

First Bahrain returns to profitability in 2010

First Bahrain, an innovative regional real estate developer, held its Annual General Meeting (AGM) at its headquarters in Kuwait to discuss the company's achievements and the 2010 financial report.

Despite the challenging environment, the company reported a net gain for the year, overcoming losses posted in 2009. The company began generating operating revenue from its delivered projects in 2010 and continued to reap valuable benefit from its consistent and conservative approach to the management of resources.

First Bahrain during their AGM
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/first-bahrain-returns-profitability-it-generates-operating-revenue-delivered-projects-2010

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