DUBAI, May 27 (Reuters) - Bahrain sovereign fund Mumtalakat BHMUT.UL posted a 10.8 percent increase in net profit in 2014, it said on Wednesday.

The fund, which holds stakes in Bahraini companies including Aluminium Bahrain ALBH.BH , Gulf Air and Batelco BTEL.BH , made 91.6 million bahraini dinars ($243 million) in 2014 versus 82.7 million dinars in the previous year.

($1 = 0.3770 Bahraini dinars)

(Reporting by David French; Editing by Olzhas Auyezov) ((davidj.french@thomsonreuters.com; +971 4 362 5864; Reuters Messaging: davidj.french.thomsonreuters.com@reuters.net))

Keywords: BAHRAIN MUMTALAK RESULTS/