Profit for the fourth quarter of last year was BD3.5m, against BD2.8m in 2012.
The board has recommended a cash dividend of 40pc.
"It is the 30th year of its incorporation and it has posted its highest ever profits in its history,"
"It is also the year when the company has first ventured beyond
"The outstanding performance of the company is testimony to the clarity of its vision and the strength of its foundations."
The company's consumer finance business, Bahrain Credit, achieved net profit of BD9m compared to BD6.7m in 2012. The company has underwritten new loans of BD99m compared with BD87m in 2012.
The company's Imtiaz credit card achieved and then surpassed 10,000 cardholders in a very competitive market segment.
It has achieved a 16pc growth in portfolio whilst at the same time, improving on its portfolio quality.
The 2013 financial results include pre-incorporation expenses and the expected initial losses of the new dealership in Erbil.
"The principals are also planning important changes in 2014:
"Strategic capital investments in upgrading facilities and continued service improvements are translating into higher levels of customer satisfaction."
The company's real estate division,
"During the year, the company addressed the aspirations of our citizens for affordable housing solutions by successfully completing two projects in Saar,"
The company plans to evaluate more such projects on an on-going basis.
In line with its vision, the company has also continued making prudent investments that offer steady and reliable yields in its rental portfolio.
Last year, the company arranged in excess of 15,000 motor insurance policies and improved on its renewal rate for existing customers.
As an insurance broker, the company continued to enjoy strong relationships with insurance companies to serve the best interests of its customers.
The group continues to maintain a strong and healthy liquidity position.
During the year, the company raised term funding of
Additionally, the company successfully issued
"The 2013 financial results and operational developments are very pleasing and an outcome of our relentless efforts to refine our services, innovate new synergies and actively reach out to both our business partners and customers," chief executive officer Dr
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