Bahrain-listed companies saw their net profits surge by 62.4 per cent year-on-year during the first quarter of the year to $922.5 million after key sectors posted an increase in earnings during the quarter.
Analysis by Kuwait-based Kamco Invest shows that the materials sector reported the largest net profit during Q1-2022 at $389.3m as compared to $138.4m during Q1-2021.
Alba, which is the only constituent of the sector, attributed its…