Dana Gas profits rise in Q2

Abu Dhabi-Mubasher: Dana Gas saw a 4% year-on-year growth in its profits during the second quarter of 2016, according to a bourse filing.

Profits reached AED 26 million ($7.08 million) in Q2-16, compared to AED 25 million ($6.81 million) in Q2-15.

Revenues declined 17.4% to AED 351 million in Q2-16, compared to AED 425 million in Q2-15.

In H1-16, profits declined 30.4% to AED 69 million from AED 48 million achieved in H1-15.

Mubasher Contribution Time: 11-Aug-2016 06:37 (GMT)
Mubasher Last Update Time: 11-Aug-2016 06:37 (GMT)