Abu Dhabi – Mubasher: Dana Gas posted a 94.7% year-on-year decline in its profits during the fourth quarter of 2016, according to a statement.
Profits reached AED 26 million ($7.08 million) in Q4-16, compared to AED 491 million ($133.66 million) in Q4-15.
The company generated profits of AED 121 million in 2016, down 77.1% from AED 528 million in 2015.