Abu Dhabi-Mubasher: UAE-based energy firm Dana Gas generated profits of AED 491 million in the fourth quarter ended 31 December 2015, versus net losses of AED 15 million in the same period of 2014, according to a bourse filing on Sunday.
Net profits after taxes increased 15% to AED 528 million ($144 million) in FY15, compared to AED 457 million ($125 million) in FY14.
Gross revenues declined to AED 1.5 billion ($417 million) in FY15, compared to AED 2.5 billion ($683 million) in FY14.
