Abu Dhabi – Mubasher: Sharjah Group reported a 44% year-on-year growth in its profits during the first quarter of 2017, according to a bourse statement.
Profits reached AED 1.94 million ($52,800) in Q1-17, compared to AED 1.35 million in Q1-16.
Rental income rose 3.5% to AED 3.8 million in Q1-17, compared to AED 3.68 million in Q1-16.
The company generated profits worth AED 19.66 million in 2016, up 28.16% from AED 15.34 million in 2015.
