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Bahrain Duty Free announces BD 5.8 Million Net Profits for the nine month ended 30 September of 2017

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Bahrain Duty Free Shop Complex announced at a meeting of its board of directors on Tuesday 7th November 2017, the financial results for the nine months ended September 30 2017. Mr. Farouk Yousuf Al Moayyed - Chairman of the Board, stated that for the nine months ended 30 September 2017 the Company has achieved net profits of BD 5,860,058, representing an increase of 9.1% compared to last year's net profit of BD 5,370,744. Sales also grew 9.0% to BD23,467,221 compared to prior year’s sales of BD 21,524,861.

The Chairman continued by mentioning that Shareholder’s Equity as at 30th September stands at BD 49,689,919 compared to BD 50,771,096 last year and earnings per share rose 9.1% to 41.19 fils compared to last year’s figure of 37.75 fils per share.

In the three months ended 30th September, sales were BD 8,387,547 compared to BD 7,667,795 last year which represents an increase of BD 719,752 or 9.4%. Net profit of BD 2,245,336 recorded an increase of 10.5% compared to prior year quarter.

Mr.Abdulla Buhindi – Managing Director, added that profits from Investments recorded an amount of BD 1,624,818 compared to BD 1,542,972 last year, representing an increase of BD 81,846 or 5.3%. The Investment portfolio increased by 19.9% during the year and now stands at BD 38,904,812.

He went on to say that the Company’s upgrade of all shops in the departures area had a direct impact on the increase of sales during the year. He concluded by stating that the Company remains focused on delivering first class customer service and unique shopping experience for all our customers.

Added on 13 November, 2017

Bahrain Duty Free congratulates the winner of the Nissan Patrol Nismo – Mr. K. D. Rajesh 'Indian' – Ticket No. 0424

Bahrain Duty Free congratulates the winner of the Nissan Patrol Nismo – Mr. K. D. Rajesh 'Indian' – Ticket No. 0424
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Pictured above (left to right) ) Mr. Dominick O’Reilly (Head of Operations), Mr. Shane O’Sullivan (Head of Purchasing), Sales Assistant, Mr. Bassam Al Wardi (General Manager), Mr. K. D. Rajesh (Winner), Mr. Dominic Carroll (Head of Finance), Mr. Sujat Ameen (Head of Business Support), Mr. Shibu Abraham (Head of IT).

Added on 17 October, 2017

Bahrain Duty Free congratulates the winner of the Nissan Patrol Nismo – Mr. K. D. RAJESH 'Indian' – Ticket No. 0424

Bahrain Duty Free congratulates the winner of the Nissan Patrol Nismo – Mr. K. D. RAJESH 'Indian' – Ticket No. 0424
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Pictured above (left to right) Mr. Shane O’Sullivan (Head of Purchasing), Mr. Shibu Abraham (Head of IT), Mr. Sujat Ameen (Head of Business Support), Mr. Dominic Carroll (Head of Finance), Ms. Amina Al-Amer (Passenger), Mrs. Jean Silveria (Head of HR), Mr. Dominick O’Reilly (Head of Operations).

Added on 12 October, 2017

Bahrain Duty Free congratulates the winner of the Lexus LC500 – Mr. M.J Marzook 'British' – Ticket No. 0800

Bahrain Duty Free congratulates the winner of the Lexus LC500 – Mr. M.J Marzook 'British' – Ticket No. 0800
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Pictured above (left to right) ) Mr. Dominick O’Reilly (Head of Operations), Mr. Nithin (Sales Assistant), Winner’s Son, Mr. Bassam Al Wardi (General Manager), Mr. M.J Marzook (Winner), Mr. Sujat Ameen (Head of Business Support), Mr. Dominic Carroll (Head of Finance), Mr. Shane O’Sullivan (Head of Purchasing).

Added on 24 September, 2017

Winner of the Lexus LC500 "S17-297" car draw no. 303

Bahrain Duty Free congratulates the winner of the Lexus LC500 – Mr. M.J Marzook 'British' – Ticket No. 0800

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Pictured above (left to right) Mr. Shibu Abraham (Head of IT), Mr. Shane O’Sullivan (Head of Purchasing), Mr. Sujat Ameen (Head of Business Support), Mr. Dominick O’Reilly (Head of Operations), Mrs. Winona Belen (Passenger), Mr. Dominic Carroll (Head of Finance), Mr. Helal Al Saadoon (Airport Terminal Manager), Mrs. Jean Silveria (Head of HR)

Added on 14 September, 2017

Bahrain Duty Free unveils Parfums Christian Dior new counter at Bahrain International Airport

An expanded footprint gives legendary French luxury house additional space to showcase fragrances, cosmetics and travel exclusives as Kingdom’s Duty Free operator celebrates fifth high profile counter opening

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Manama, Bahrain; 7 August 2017: Bahrain Duty Free continues to engage travellers with its phased ‘beautification’ programme as French luxury house, Dior, unveils a chic new departures offering.

The elegant three-in-one space, which encompasses fragrances, make-up and skincare, now occupies a total of 28 square metres. Travellers will be able to purchase travel retail exclusives to get the perfect Dior gift. They can also find adapted travelling formats like J’adore, Miss Dior or Sauvage Travel Sprays.

Dior invites the travellers to discover their personalized signature within a wide range of perfumes showcased on the fragrance bars. Ladies will be offered a touch up to their make-up before their flight at a dedicated make-up station.

“The Dior opening is the fifth new counter to be unveiled in 2017. We are delighted with the positive response from travellers and our brand partners to the exciting new offering at Bahrain Duty Free. Visually and experientially, this is another milestone moment for us, and for the airport,” said Bassam Al Wardi, General Manager, Bahrain Duty Free.

The expanded departures store, with its distinctive black and white branding, acts as a clear beacon for travellers in search of their favourite Dior products. The use of space has been cleverly maximised to offer the best shopping experience, as customer’s journey through the wide collection offered by the brand.

Added on 20 August, 2017

Winner of the Lexus LS460 "S17-296" car draw no. 302

Bahrain Duty Free congratulates the winner of the Lexus LS460L – Mr. Kishore Kumar Dash “Indian" – Ticket No. 0538

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Pictured above (left to right) Mr. Shane O’Sullivan (Head of Purchasing), Mrs. Jean Silveria (Head of HR), Mr. Sujat Ameen (Head of Business Support), Mr. Dominic Carroll (Head of Finance), Mr. Alexander De Cruze (Passenger) & Mr. Shibu Abraham (Head of IT & Logistics)

Added on 30 July, 2017

Bahrain Duty Free congratulates the winner of the BMW i8 Mr. VIVEK BIJU “Indian" – Ticket No. 0566

Bahrain Duty Free congratulates the winner of the BMW i8 Mr. VIVEK BIJU “Indian" – Ticket No. 0566

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Pictured above (left to right) Mr. Abdullah Abdulsamad (Winner’s Friend), Mr. Shane O’Sullivan ( Head of Purchasing), Ms. Jean Silveria (HR Manager), Mr. Bassam Al Wardi (General Manager), Mr. Vivek Biju (Winner), Mr. Sujat Ameen (Head of Business Support) Mr. Dominic Carroll (Head of Finance) Mr. Dasan Samuel (Sales Assistant), Mr. Dominick O’Reilly (Head of Operations) Mr. Shibu Abraham (Head of IT & Logistics)

Added on 17 July, 2017

Winner of the BMW i8 "S17-295" car draw no. 301

Bahrain Duty Free congratulates the winner of the BMW i8 – Mr. VIVEK BIJU 'Indian' – Ticket No. 0566

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Pictured above (left to right) Mr. Dominick O’Reilly (Head of Operations), Mr. Shane O’Sullivan (Head of Purchasing), Mr. Sujat Ameen (Head of Business Support), Mr. Dominic Carroll (Head of Finance), Mrs. Lorna Juanillo (Passenger), Mr. Helal Al Saadoon (Airport Terminal Manager), Mr. Hisham Al Saloom (Deputy Head of Operations), Mrs. Jean Silveria (Head of HR).

Added on 05 July, 2017

Bahrain Duty Free announces BD 2.2 Million Profits for the three months ended March 31 2017

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Bahrain Duty Free Complex announced at a meeting of its board of directors on Tuesday 9th May 2017 the financial results for the three months ended March 31, 2017. Mr. Farouk Yousuf Al Moayyed - Chairman of the Board stated that the company had achieved a net profit of BD 2,201,799 compared with last year's earning’s which amounted to BD 1,804,877, an increase of 22.0 %. Basic earnings per share amounted to 15.48 fils compared 12.69 fils last year.

Total sales for the three months ended 31st March 2017 were BD 7,467,669 compared to BD 6,997,848 last year an increase of BD 469,821 or 6.7%. Shareholders Equity is BD 48,945,290 compared to BD 50,771,096 last year. The reduction in equity is mainly due to a dividend payment during the quarter.

Mr.Abdulla Buhindi added, profits from Investments recorded an amount of BD 850,106 compared to BD 646,254 last year, representing a growth 31.5%. The Investment portfolio increased by 15.6 % to BD 37,517,041 compared to December 2016.

He went on to say that the company’s 2016 Departure shop refurbishment project is nearing completion which at the beginning of this year, saw the opening of the luxury watch boutique, which includes a range of leading international brands. In the Perfumes & Cosmetics area some Perfumes houses have taken a bigger space showcasing their brands such as, Bulgari, Hermes and Dolce & Gabbana. The Company’s continuous pursuit of development has a direct impact on raising our level of efficiency of the company and the focus on customer service and satisfaction remains our top priority.

Added on 10 May, 2017