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Sharjah Group posts higher profits in Q4

Sharjah Group posts higher profits in Q4
Sharjah Group's net profits reached AED 13.27 million ($3.6 million) in Q4-16 (Photo Credit: Company Website)
Aram Group
ARAM
-0.36% 2.77 -0.01

Abu Dhabi – Mubasher: Sharjah Group saw a 30.74% rise year-on-year in its net profits during the fourth quarter of 2016, according to a bourse statement.

Net profits reached AED 13.27 million ($3.6 million) in Q4-16, compared to AED 10.15 million ($2.76 million) in Q4-15.

In 2016, net profits grew 28.16% to AED 19.66 million from AED 15.34 million in 2015.