Dubai – Mubasher: Amanat Holdings posted a 96.2% decline in its profits during the fourth quarter of 2016, according to a bourse statement.
Profits reached AED 1.65 million ($449,150) in Q4-16, compared to AED 43.48 million ($11.84 million) in Q4-15.
In 2016, profits declined 24.1% to AED 38.4 million from AED 50.58 million in 2014.