Asmak profits down in Q3

Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) turned profitable in the third quarter of 2016, according to a bourse statement.

The company generated profits of AED 7.35 million ($2 million) in Q3-16, against losses of AED 604,000 ($164,400) in Q3-15.

Profits declined 73.5% to AED 23.84 million in the first nine months of 2016, compared to AED 89.99 million in the same period of 2015.

Mubasher Contribution Time: 14-Nov-2016 08:59 (GMT)
Mubasher Last Update Time: 14-Nov-2016 08:59 (GMT)