Bahrain’s Trading and Food Processing Company (Trafco) recorded a 34 percent net profit fall in the first half of 2002, reaching 300,000 Bahraini dinars ($796,000). Sales during the same period decreased by 5.6 percent to BD 8.6 million, generating a 7.9 percent drop in gross profits.
Established in 1978, Trafco is public shareholding company that deals in canned goods, chilled goods, frozen products, fresh fruits and vegetables as well as livestock. It imports products from Brazil, Australia, Europe, India and the Far East in addition to Middle Eastern countries.
Trafco operates retail outlets in Manama, Muharraq, Riffa, Toobli and Mina Salman and operates cold storage facilities at the Mina Salman Port area and dry storage in Sitra Industrial area in Bahrain. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
