NCTH profits grow 26% in Q4-15

Abu Dhabi-Mubasher: National Corporation for Tourism and Hotels (NCTH) reported a 26.4% rise in profit to AED 63.52 million ($17.3 million) in the fourth quarter of 2015, compared to AED 50.25 million ($13.68 million) in the same quarter of 2014, according to a bourse filing on Monday.

Profits grew 4.3% to AED 165.5 million in the fiscal year 2015, compared to AED 158.7 million in the fiscal year 2014.

Mubasher Contribution Time: 08-Feb-2016 06:16 (GMT)