Abu Dhabi – Mubasher: Gulf Medical Projects Company reported a 38.35% year-on-year decline in its profits during the third quarter of 2016, according to a statement.
Profits reached AED 11.62 million ($3.16 million) in Q3-16, compared to AED 18.85 million ($5.13 million) in Q3-15.
In the first nine months of 2016, profits rose 17.8% to AED 106.85 million from AED 90.72 million in the same period of 2015.
Revenues grew 19.3% to AED 621.51 million in the same nine-month period of 2016, compared to AED 520.94 million in the corresponding period of 2015.
