Seef Properties BSC announced consolidated earnings results for the third quarter and nine months ended September 30, 2012. The company reported a net profit of BHD 5.96 million for the year to date compared to BHD 3.82 million for the same period last year reflecting a 56% increase due to a performance improvement and increase in operational revenue. Gross rental income reached BHD 6.38 million, up by 3.7% for the first nine months of the year, ending September 30, 2012 compared to BHD 6.15 million that was in 2011.

The company's profit for the third quarter of 2012 was BHD 2.76 million which includes BHD 1.07 million realized from sale of land, in comparison to BHD 1.57 million recorded as profit during the same period in 2011.

The company will continue its positive growth in the remainder of 2012.