Abu Dhabi-Mubasher: International Fish Farming Holding (Asmak) posted a year-on-year rise of 34.45% in its profits for this quarter, according to a bourse statement.
Profits reached AED 12.45 million ($3.4 million) in the first quarter of 2016, compared to AED 9.27 million ($2.5 million) in the same quarter of 2015.
Earnings per share (EPS) stood at 14 fils in Q1-16, compared to 10 fils in Q1-15.
Revenues rose to AED 98.92 million ($26.93 million)from AED 78.23 million ($21.29 million).
Operating profits reached AED 5.66 million ($1.54 million) in Q1-16, compared to AED 3.55 million ($966,473) in Q1-15.
