Seef Properties B.S.C. reported reviewed consolidated earnings results for the second quarter and six months ended June 30, 2017. For six months, net profit reached BHD 5.20 million, a 15.9% increase from BHD 4.49 million compared to the same period last year. Operating Income was BHD 8.88 million compared to BHD 7.12 million during the same period in 2016, marking an increase of 24.7%. Operating profit witnessed a growth of 16.3% from BHD 7.68 million posted during the first six months of 2017 when compared to BHD 6.60 million recorded during the same period last year. Basic and diluted earnings per share were 10.84 fils against 9.76 fils a year ago. Net profit attributable to equity holders of the parent was BHD 4,986,466 compared to BHD 4,489,835 recorded a year ago. Net cash flows from operating activities were BHD 5,631,400 compared to BHD 4,260,112 recorded a year ago. Purchase of property, equipment and furniture was BHD 162,719 compared to BHD 52,811 recorded a year ago. Expenditure incurred on capital work in progress was BHD 370,916 compared to BHD 55,684 recorded a year ago. Additions to investment properties was BHD 9,518 compared to BHD 60,838 recorded a year ago. For the quarter, net profit was BHD 2.76 million compared to BHD 2.29 million recorded during the same period last year. Operating profit was BHD 3,790,348 compared to BHD 3,142,444 recorded a year ago. Profit from operations was BHD 2,834,749 compared to BHD 2,104,637 recorded a year ago. Basic and diluted earnings per share were 5.79 fils against 4.99 fils a year ago. Net profit attributable to equity holders of the parent was BHD 2,662,575 compared to BHD 2,293,583 recorded a year ago.