Abu Dhabi – Mubasher: Financial results for the fiscal year ended December 31, 2014, for Abu Dhabi-listed Gulf Investments (previously Gulf Livestock Company) revealed a net profit surge by 24.6% to AED 53.6 million ($14.5886 million) compared to AED 43 million ($11.7035 million) in 2013.

Financials for the fourth quarter of 2014 hit AED 36 million against AED 23.6 million during the same period in 2013, registering an increase by AED 12.4 million.

Earnings per share (EPS) reached AED 0.53 in 2014 against AED 0.43 in 2013.

Net profits for the first nine months of 2014 reached AED 17.6 million against AED 19.4 million during the same period a year earlier, registering a decline by 9.3%.

The firm’s capital amounts to AED 100 million divided on 100 million shares at par value AED 1 per share.