Dubai – Mubasher: Gulf Navigation Holding saw a growth in its net profits by 20.20% during the fourth quarter of 2016, according to a bourse filing.
Net profits reached AED 5.373 million ($1.5 million) in Q4-16, compared to AED 4.47 million ($1.2 million) in Q4-15.
The company achieved profits of AED 136.573 million in 2016, an increase of 577% from AED 20.172 million in 2015.
