Bahrain's Gulf Finance House posted a net loss of $11.23 million in the second quarter due to higher finance expenses and the impact of exchange rates, the company said in a statement on Tuesday.
The second-quarter loss was narrower than the $40.2 million loss the company posted in the comparable period one year ago. The Islamic investment house swung to a profit of $700,000 in the first half of the year, compared to a loss of $47.6 million in the same period in 2010..............................................Full Article: Source
|