Bahrain Duty Free highlights investment strength amid Q1 profit slump

The retailer revealed a -27.7% year-on-year decline in net profit for the first quarter ended 31 March, totalling BD1.69 million (US$4.49 million).

May 16, 2025 - 16:10

Bahrain Duty Free highlights investment strength amid Q1 profit slump

**Bahrain Duty Free Shop Complex Chairman of the Board Abdulla Hassan Buhindi applauds the company’s steady investment performance**

BAHRAIN. Bahrain Duty Free Shop Complex has recorded a -27.7% year-on-year decline in net profit for the first quarter ended 31 March, with the figure reaching BD1.7 million (US$4.49 million).

The retailer’s income also dropped to BD2.17 million (US$5.77 million), down -17.1% from the same period the previous year.

Both shareholders’ equity and total assets experienced quarterly declines, with equity falling -6.5% to BD40.66 million (US$107.9 million) and total assets decreasing -6.6% to BD40.98 million (US$108.7 million).

Bahrain Duty Free Shop Complex Chairman of the Board Abdulla Hassan Buhindi said he was pleased with the result, noting that the company’s investments continued to perform strongly throughout the quarter.

He also highlighted the consistent performance across all sectors of the investment portfolio.