LATEST NEWS

The Vault Of Fortune 8th Winner

Ms. Zainab Alkubara “Bahraini” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 20th April 2013.

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Pictured above at the draw are (left to right) Ms. Zainab Alkubara “Winner” & A J Thomas “Duty Manager”.

We would like to congratulate Ms. Zainab Alkubara on her win, and thank all participants for their support.

Added on 23 April, 2013

The Vault Of Fortune 7th Winner

Mr. Nagi Ibrahim “Canadian” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 20th April 2013.

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Pictured above at the draw are (left to right) Mr. Nagi Ibrahim “Winner” & Mr. Jose Thundiyil “Duty Manager”.

We would like to congratulate Mr. Nagi Ibrahim on his win, and thank all participants for their support.

Added on 22 April, 2013

The Vault Of Fortune 6th Winner

Mrs. Parveen Abdulhaleem “Singaporean” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 20th April 2013.

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Pictured above at the draw are (left to right) “Sales Assistant”, Mrs. Parveen Abdulhaleem “Winner” & Mr. Jose Thundiyil “Duty Manager”.

We would like to congratulate Mrs. Parveen Abdulhaleem on her win, and thank all participants for their support.

Added on 21 April, 2013

The Vault Of Fortune 5th Winner

Mr. Mohammed Hussain “Bahraini” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 19th April 2013.

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Pictured above at the draw are (left to right) Khatoon Yousif “Beauty Advisor ”, Mr. Mohammed Hussain “Winner” & Ali Abdulshaheed “Sales Supervisor ”

We would like to congratulate Mr. Mohammed Hussain on his win, and thank all participants for their support

Added on 20 April, 2013

The Vault Of Fortune 4th Winner

Mr. Jimmy Don Miller “American” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 19th April 2013.

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Pictured above at the draw are (left to right) “Sales Assistant”, Mr. Jimmy Don Miller “Winner” & Kumail Abdulshaheed “Duty Manager”

We would like to congratulate Mr. Jimmy Don Miller on his win, and thank all participants for their support

Added on 19 April, 2013

The Vault Of Fortune 3rd Winner

Mrs. Farah Tawfeeq “Kuwaiti” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 15th April 2013.

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Pictured above at the draw are (left to right) Mr. Bassam Alwardi “Head Of Human Resources & Marketing ”, Mrs. Farah Tawfeeq’s Husband “Winner” & A J Thomas “Duty Manager”

We would like to congratulate Mrs. Farah Tawfeeq on her win, and thank all participants for their support

Added on 16 April, 2013

The Vault Of Fortune 2nd Winner

Mr. Mohammed Ali “Bahraini” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 15th April 2013.

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Pictured above at the draw are (left to right) Mr. Jose Thundiyil “Duty Manager”, Mr. Mohammed Ali “Winner” & Mohammed Waqas “Sales Assistant”

We would like to congratulate Mr. Mohammed Ali on his win, and thank all participants for their support

Added on 15 April, 2013

The Vault Of Fortune 1st Winner

Mr. Abdullatif Al Dowaisan “Kuwaiti” won US$ 1,000 on Bahrain Duty Free Vault Of Fortune promotion on 14th April 2013.

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Pictured above at the draw are (left to right) Ahmed Salah “Sales Assistant” & Mr. Abdullatif Al Dowaisan “Winner”

We would like to congratulate Mr. Abdullatif Al Dowaisan on his win, and thank all participants for their support

Added on 14 April, 2013

Bahrain Duty Free Announces Winner of Car Draw Number 274

Bahrain Duty Free is proud to announce the winner of  BMW X5 and Z4 which was the prize in Car Draw number 274  which took place on March 7, 2013 at Bahrain International Airport. The winning ticket was No. 0131 and the ticket was purchased by Mr. Nabeel Kanoo.

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Pictured above at the draw are (left to right) Desiree Deduyo (Sales Assistant), Mr. Parvez Mushtaq (Duty Manager), Mr. Bassam Alwardi (Head of HR and Marketing), Passenger Karen Kew (who drew the winning ticket), Mr. Garrett Coogan (General Manager), Mr. Helal Al Saadoon ( BAC - Terminal Operations Manager), Mr. Taher Aldalwi (Merchandiser) .

We would like to congratulate Mr. Nabeel Kanoo on his win, and thank all participants for their support in this draw.

Added on 10 March, 2013

Bahrain Duty Free Shop Complex BSC reports a profit of BD 6.4 million for 2012

Bahrain Duty Free Shop Complex BSC (BDFS) reported a net profit attributable to its equity shareholders of BD 6.4 million for the year ended 31 Dec 2012. This represents an increase of 17.4% over 2011. Total revenue grew by 2.7% for the year 2012 amounting to BD 27.5 million compared to BD 26.8 million in 2011. Gross profit increased by 6% in value and gross profit margin moved up by a further 3.2% when compared to 2011. Operating cost reduced by 6.4% and operating profit as a result, increased by 22.5%.
Investment income of BD2.2 million was recorded giving an increase of 8% on prior year. Impairment on investments reduced by 53% amounting to BD 0.4 million compared to 2011. The investment portfolio at yearend 2012 had a value of BD 18.3 million, which grew by 36.6% over last year driven mainly by new investments. Return on average equity for the year stood at 17.4%, an increase of 13.7% over 2011. Earnings per share were 65.4 fills, a growth of 18.3% year on year.

The Board of Directors has recommended a cash dividend 50 fils per share (2011: 50 fils) of which 20 fils was distributed in 2012. A bonus ordinary share issue of 10% (2011: 10%), is also recommended to augment the share capital.

Despite the continuing difficulties faced in 2012, our financial results above demonstrate the resilience of Company to return another strong financial performance. 2013 is expected to be a challenging year and the Company remains focused to achieve another exceptional performance.

Added on 24 February, 2013