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(AFX UK Focus) 2010-05-09 17:25 UPDATE 1-Bahrain’s GFH Q1 net loss narrows on cost cuts

MANAMA, May 9 (Reuters) – Bahrain-based Gulf Finance House posted on Sunday an 80 percent decline in first-quarter losses on cost cuts, with revenue recovering from the lows seen at the end of last year. The Islamic investment house said that its net loss in the three months ended March 31 was $7.5 million, compared with a net loss of $37.74 million in the year-earlier quarter. GFH said it …


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(AFX UK Focus) 2010-05-09 17:25 UPDATE 1-Bahrain’s GFH Q1 net loss narrows on cost cuts

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