Dubai-Mubasher: Gulf General Investment Co. (GGICO) reported a 213.5% profit jump to AED 100.36 million in the fourth quarter of 2015, compared to AED 32.011 million in the same quarter of 2014, according to the company’s preliminary results on Monday.
In the fiscal year 2015, the parent company, which has investment arms in the manufacturing, industrials and retail businesses, recorded profits growth of 362.6% to AED 115.122 million from AED 24.885 million in the fiscal year 2014.
