Dubai – Mubasher: DXB Entertainments posted a 443.3% rise in losses during the fourth quarter of 2016, according to a bourse statement.
The company incurred losses of AED 246.81 million ($67.19 million) in Q4-16, compared to AED 45.43 million ($12.37 million) in Q4-15.
Losses stood at AED 485 million in 2016, a rise of 337% from AED 111 million in 2015.