Dubai – Mubasher: Arabtec Holding trimmed its losses by 72.6% year-on-year during the third quarter of 2016, according to a bourse statement.
Losses reached AED 281.13 million ($76.52 million) in Q3-16, compared to AED 1.025 billion ($279 million) in Q3-15.
The real estate developer posted a 77.6% decline in its losses to AED 523.93 million during the first nine months of 2016, compared to AED 2.34 billion during the same period of 2015.
