Abu Dhabi – Mubasher: Agthia Group’s stock declined in Thursday’s mid-session, following the announcement of first-quarter financials.
Agthia dropped 4.03% by 12:50 pm UAE time to AED 5.95 - its lowest level since November 2016.
The stock saw trading of 471,828 shares through 57 transactions, with a turnover of AED 2.81 million.
The company had posted a 22.4% year-on-year fall in its profits, dropping to AED 52.4 million ($14.26 million) in the first quarter of 2017 from AED 67.5 million ($18.37 million) in Q1-16.
