Abu Dhabi-Mubasher: Gulf Pharmaceutical Industries Company (Julphar) posted a 17.4% decline in its first-quarter profits, according to a bourse statement.
Profits reached AED 78.6 million ($21.4 million) in Q1-16, compared to AED 95.1 million ($25.9 million) in Q1-15.
Sales fell 18% to AED 370 million in Q1-16, compared to AED 448.9 million in Q1-15.
