Dubai – Mubasher: Shuaa Capital brought down its losses by 23.42% in the fourth quarter of 2016.
The company posted AED35.3 million ($9.6 million) in losses for Q3 – 2016, compared with AED 28.6 million ($7.8 million) a year earlier.
The company registered revenues of AED48.7 million up 42% from AED 34.3 million for the same period of the previous year.
As for the first nine months of 2016, the company reported AED113.6 million in losses compared with AED 28.6 million for the comparable period of the previous year.
