Al Ramz posts higher losses in Q1

Dubai-Mubasher: Al Ramz Corporation Investment and Development saw a rise in its first-quarter losses, according to a bourse statement

 Net losses reached AED 371,950 ($101,240) in Q1-16, compared to AED 15,050 ($4,010) in Q1-15.

General and administrative expenses rose by 840.13% to AED 406,120 ($110,564) in Q1-16.

Mubasher Contribution Time: 12-May-2016 14:40 (GMT)
Mubasher Last Update Time: 12-May-2016 14:40 (GMT)