Bahrain's Gulf Finance House doubles Q4 profit on investment revenue | Reuters:
"Bahrain-based Gulf Finance House , whose unit is in the process of selling a majority stake in English soccer club Leeds United, said on Sunday its fourth-quarter net profit more than doubled due to revenue derived from investments.
The investment firm made a net profit of $5.2 million in the three months to Dec. 31, up from $2.5 million in the prior-year period, it said in a statement.
It cited "income generated from investment advisory and the sale of investments" for the increase. It did not elaborate."
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