Dubai – Mubasher: Al Ramz Corporation Investment and Development posted a 4205% rise year-on-year in its losses during the third quarter of 2016, according to a bourse statement.
Losses reached AED 913,505 ($248,700) in Q3-16, compared to AED 21,220 ($5,780) in Q3-15.
In the first nine months of 2016, losses increased to AED 2.04 million from AED 57,360 in the same period of 2015.