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:
Trafco Group BSC
(2020
sales of 36.87 million Bahrainian Dinars [US$97.80 million]
of which 45%
was Imported Foodstuff-Wholesale),
Hamama Meir Trading (1996) Ltd
of ISRAEL
(267.56 million Israel Shekels [US$83.61 million]
), and
G Willi Food International Ltd
which is
also
based in ISRAEL
(454.09 million Israel Shekels [US$141.90 million]
of which 100%
was Import).
Sales Analysis.
During the second
quarter of 2021, sales at BMMI BSC totalled
23.97 million Bahrainian Dinars.
This is
an increase of 13.3%
from the 21.16 million Bahrainian Dinars in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2016.
During the first two
quarters of 2021, sales totalled 48.07 million Bahrainian Dinars, which is
1.0% higher
than through the first two quarters of 2020.
BMMI BSC reported sales of 96.41 million Bahrainian Dinars (US$255.73 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 7.6%
versus 2019, when the company's sales were 104.33 million Bahrainian Dinars.
The sales level in 2020 was fairly close to the level five years ago: in 2015, BMMI BSC had sales
of 88.98 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 63.0% decline
in Hospitality, from 4.99 million Bahrainian Dinars to 1.85 million Bahrainian Dinars.
There were also decreases in sales in
Wholesale (down 17.0% to 39.61 million Bahrainian Dinars)
and
Contract Service and Supply (down 1.6% to 13.72 million Bahrainian Dinars)
.
However, these declines were partially offset by the increase in sales of
Retail (up 4.3% to 37.92 million Bahrainian Dinars)
and
Investment and Other Activities (up 155.0% to 3.32 million Bahrainian Dinars)
.