Bahrain Duty Free Shop Complex reported audited earnings results for the fourth quarter and full year ended December 31, 2017. In the fourth quarter of 2017, sales were BHD 8,508,156 up 16.0% on prior year while operating profits grew 29.9% to BHD 1,253,766. Investment income declined by 101.1% to a negative BHD 22,527 in the quarter. The decrease coming from a one-off dividend received last year. As a result, net income in fourth quarter of 2017 was BD 1,231,239 down 58.4% on same quarter last year. For the full year 2017, the company reported gross revenues of BHD 31,975,377 compared to BHD 28,859,618 in 2016, achieving a 10.8% growth over prior year. Operating profits were BHD 5,391,522, increasing by 12.7% from BHD 4,783,832. Net profits reduced from BHD 8,328,312 to BHD 7,091,297 a 14.9% reduction. Basic earnings per share are 50 fils per share compared with 59 fils in 2016. Net cash from operating activities of BHD 5,286,512 compared to BHD 5,193,511 a year ago. Acquisition of property and equipment was BHD 473,057 compared to BHD 593,896 last year.