February 22, 2017 / 11:09 AM / 5 months ago

Bahrain's Batelco Q4 profit falls 40.2 pct

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DUBAI, Feb 22 (Reuters) - Bahrain Telecommunications Co (Batelco) posted a 40.2 percent fall in fourth-quarter profit on Wednesday.

* Net profit of 5.1 million Bahraini dinars ($13.5 million) in the three months to Dec. 31, according to Reuters calculations, compared with a profit of 8.6 million dinars a year earlier.

* Reuters calculation based on financial statements in lieu of a quarterly breakdown.

* SICO Bahrain forecast: 10.09 million dinars.

* Net profit of 37.6 million dinars in 2016, down from 49.5 million dinars a year earlier, it said in a statement. ($1 = 0.3770 Bahraini dinars) (Reporting by Alexander Cornwell)

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