Gulf Navigation profits up in Q3

Dubai –Mubasher: Gulf Navigation Holding saw a growth by 1964.3% in its net profits during the third quarter of 2016, according to a statement.

Net profits reached AED 116.84 million ($31.51 million) in Q3-16, compared to AED 5.66 million ($1.54 million) in Q3-15.

In the first nine months of 2016, profits grew 735.7% to AED 131.2 million from AED 15.7 million in the same period of 2015.

Mubasher Contribution Time: 08-Nov-2016 10:09 (GMT)
Mubasher Last Update Time: 08-Nov-2016 10:09 (GMT)