UAE – Mubasher: Jebel Ali Free Zone (Jafza) posted a 0.78% year-on-year decrease in its profits for the full-year 2018, according to the company’s statement on Monday.
Net profits amounted to AED 1.159 billion in 2018, Compared to AED 1.151 billion in 2017.
Total revenues increased to AED 1.95 billion by the end of 2018, against AED 1.52 billion in the same period of the previous year, the statement added.
Jafza’s operating profits recorded AED 1.36 billion for the year ended 31 December 2018, the statement added.
It is worth noting that the total value of Jafza’s shares stood at AED 4.26 billion in 2018.
