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Press Release: Seef Properties announces 1st quarter 2011 results

Seef Properties (Seef) announced its financial results for the first quarter of 2011 (ending 31st March), with a significant profit of BD1,380,747, at its Board meeting discussing Q1 results. Total assets also showed an increase, reaching BD116,000,000 compared to BD114,000,000 for the end of 2010.Earnings per share fell slightly to 3.0 fils compared to 3.7 fils at the end of Q1 2010.

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