Dubai – Mubasher: du reported a 19.6% decrease in its profits year-on-year during the fourth quarter of 2016, according to a bourse statement.
Net profits reached AED 370 million ($100.7 million) in Q4-16, compared to AED 460 million ($125.2 million) in Q4-15.
The company generated profits of AED 1.75 billion in 2016, down 9.8% from AED 1.94 billion in 2015.
