Profits decreased by 92% to QAR 67 million in 2016 - (Photo Credit: Company Website)
Gulf International
GISS
GISS
Doha - Mubasher: Gulf International Services reported losses of QAR 122.1 million ($33.5 million) in the fourth quarter of 2016, up 486% compared to losses of QAR 20.84 million ($5.72 million) in the same period in 2015.
As for the annual financial results, profits declined by 91.65% to QAR 66.96 million down from QAR 801.428 million in 2015.
Source:
Mubasher
