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Mumtalakat Records BD115 Million Loss in 2022

2023-10-11 - 2:11 p

Bahrain Mirror: Bahrain Mumtalakat Holding recorded a net loss attributable to the company's shareholders of BD115 million for the financial year that ended on 31 December 2022.

The company justified in a statement the reason for the loss by "the increase in net provisions from BD19.454 million in 2021 to BD194.454 million in 2022"; i.e. an increase of 899%.

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