Seera Investment posts lower full-2013 net income

March 13, 2014 2:16 am

Bahrain-based Shari’ah-compliant investment lender, Seera Investment Bank has said its full-2013 net income fell to $4.1m from $6.6m recorded in the previous year, Gulf Daily News has reported. Total income for the year surged 170% year-on-year to $34m, the lender said. Fourth quarter net profit also dropped to $1.1m from $2.4m for the same period of 2012.