BMMI BSC operates in the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares BMMI BSC with three other
supermarkets and grocery stores in Middle East:
Saudi Marketing Company SJSC
of SAUDI ARABIA
(2019
sales of 1.58 billion Saudi Arabian Riyals [US$421.59 million]
of which 97%
was Retial Sales),
Tiv Taam Holdings 1 Ltd
of ISRAEL
(1.38 billion Israel Shekels [US$403.44 million]
), and
Freshmarket Ltd
which is
also
based in ISRAEL
(1.16 billion Israel Shekels [US$341.33 million]
).
Sales Analysis.
BMMI BSC reported sales of 104.33 million Bahrainian Dinars (US$276.75 million)
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.4%
versus 2018, when the company's sales were 103.87 million Bahrainian Dinars.
This was the fourth straight year of sales growth at BMMI BSC.
The sales level in 2019 was fairly close to the level five years ago: in 2014, BMMI BSC had sales
of 106.07 million Bahrainian Dinars.
Sales of Hospitality saw an increase
that was more than double the company's growth rate: sales were up
22.7% in 2019, from
4.07 million Bahrainian Dinars to 4.99 million Bahrainian Dinars.
BMMI BSC also saw significant increases in sales in
Wholesale (up 1.2% to 47.73 million Bahrainian Dinars)
and
Contract Service and Supply (up 11.6% to 13.94 million Bahrainian Dinars)
.
Not all segments of BMMI BSC experienced an increase in sales in 2019:
sales of Investment and Other Activities fell 45.1% to 1.30 million Bahrainian Dinars.
(However, this segment's sales were only a very small portion of the company's overall sales).
BMMI BSC also experienced decreases in sales in
Retail (down 3.7% to 36.37 million Bahrainian Dinars)
.