Dubai – Mubasher: Marka posted a 56% year-on-year increase in its losses during the first quarter of 2017, according to a bourse filing.
Net losses reached AED 27.86 million in Q1-17, compared to AED 17.85 million in Q1-16.
Revenues declined 23.1% to AED 33.26 million in the three-month period ended 31 March 2017, compared to AED 43.25 million in the prior-year period.
