By Frederik Richter
Bahraini co's full-year net profit at $278.6m; proposes to pay 2009 dividend of 50 fils per share.
Bahrain Telecommunications' (Batelco) fourth-quarter net profit fell one percent, Reuters calculations showed on Thursday. Batelco said full-year net profit was BD105m ($278.6 million).
Reuters calculations showed fourth-quarter net profit was 25.52 million dinars, just below the 25.88 million dinars a year earlier.
The company said in a statement that it proposed to pay a 2009 dividend of 50 fils per share, unchanged from 2008. There are 1,000 fils to the Bahraini dinar. (Reuters)