Dubai-Mubasher: Al Ramz Corporation for Investment and Development Co. turned profitable after generating AED 677,640 ($184,500) in the fourth quarter of 2015, against losses of AED 54,500 ($14,840) in the same quarter of 2014.
The Dubai-listed firm’s net profits reached AED 735,000 in the fiscal year 2015, against losses of AED 132,000 in the fiscal year 2014, according to a bourse filing on Wednesday.
