Abu Dhabi - Mubasher: Abu Dhabi Ship Building Company reported a 17.3% year-on-year decline in profits in the second quarter of 2016, to AED 32.14 million ($8.8 million) compared to AED 38.87 million ($10.6 million) in the same period last year.
As for the first half of the year, the company’s profits decreased 35.4% to AED 51 million, compared to AED 79 million in H1-15, according to a bourse filing issued on Sunday.
