Dubai – Mubasher: The National Central Cooling’s (Tabreed) stock saw a negative performance despite its third-quarter positive results.
Tabreed fell 2.14% to AED 1.83 by 12:15pm UAE time.
Trading on the stock reached 1.36 million shares exchanged through 21 transactions, with a turnover of AED 2.52 million.
The company reported a 9% increase year-on-year in its profits to reach AED 109.39 million ($29.77 million) in Q3-16, compared to AED 100.37 million ($27.32 million) in Q3-15.
