Gulf Finance House says no offer for Bahrain Life
Gulf Finance House declared a net profit of $17m in 2014, compared to a net loss of $18m the previous year
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Dubai: Gulf Finance House said in a statement on Sunday it has not issued any offer for Bahrain Life Stock Company and it has not entered into agreement regarding the same.
GFH declared a net profit of $17 million (Dh62.4 million) in 2014, compared to a net loss of $18 million the previous year.
Total consolidated income for 2014 was at $160 million as compared to $13.5 million in 2013, the company said.
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