BCFC Reports BD 1.20 Million Net Profit in the First Half of 2026

 Bahrain Commercial Facilities Company BSC (trading code: BCFC) announced its financial results for the three months period ended 30 June 2026 and for the six months period ended 30 June 2026.

Three months period ended 30 June 2026

The Group reported a net profit of BD 1.09 million, 3% lower than BD 1.12 million during the same period last year. The basic and diluted earnings per share amounted to a profit of 5 Fils, compared to 6 Fils for the same period last year.

The Group registered a total comprehensive income of BD 1.11 million, 14% higher than BD 0.97 million for the same period last year.

Six months period ended 30 June 2026 

During the six months period ended 30 June 2026, the Group achieved a net profit of BD 1.20 million, 47% lower than BD 2.25 million for the same period last year. Mainly due to 30% higher provisions and credit losses charged during the period of BD 1.22 million, compared to BD 0.94 million for the same period last year, and 6% lower operating income of BD 9.92 million, compared to BD 10.51 million for the same period last year. This resulted in a basic and diluted earnings per share amounting to a profit of 6 Fils compared to 11 Fils for the same period last year.

The Group registered a total comprehensive income of BD 1.25 million, 31% lower than BD 1.82 million for the same period last year.

Total equity stands at BD 105.07 million as of 30 June 2026, 2% lower than 31 December 2025 of BD 107.26 million. The Group's total assets as of 30 June 2026 stand at BD 217.56 million, 0.5% higher than 31 December 2025 of BD 216.40 million. The Group's total liabilities reached BD 112.49 million as of 30 June 2026, 3% higher than 31 December 2025 of BD 109.14 million.

Ms. Najla Alshirawi, Chairperson of Bahrain Commercial Facilities Company (BCFC), commented: "The Group navigated a challenging first half of 2026 while continuing to achieve positive results amid heightened regional and geopolitical developments. This reflects the strength, resilience, and diversification of our business model, underpinned by disciplined execution and prudent risk management. 

During the period, the Board approved the Group's new five-year strategy, which establishes a clear roadmap for our next phase of growth. The strategy reinforces our commitment to operational excellence, sustainable growth, digital transformation, and long-term value creation. We are confident that this strategic direction will further strengthen the Group's competitive position and deliver sustainable returns for our shareholders over the coming years."

Mr. Abdulla Bukhowa, Chief Executive Officer of Bahrain Commercial Facilities Company (BCFC), said: "The Group delivered a resilient performance during the first half of 2026, remaining profitable amid a challenging macroeconomic environment characterized by elevated interest rates and ongoing regional geopolitical developments. Consistent with our risk management approach, we strengthened our provisioning levels during the period to further enhance the resilience of our balance sheet and preserve the quality of our financing portfolio. A key milestone during the period was the successful launch of our Islamic finance window, representing an important step in broadening our product offering and expanding our reach to a wider customer base. We also continued to see healthy demand across our core businesses while maintaining our focus on disciplined execution, enhancing our financing solutions, and accelerating our digital transformation initiatives.

With our new five-year strategy now in place, we are well positioned to navigate the evolving operating environment while pursuing sustainable growth and creating long-term value for our shareholders, customers, employees, and all stakeholders."

The full set of financial statements and the press release are available on the Bahrain Bourse’s website.