Profits totalled AED 57.7 million in 2016 - (Photo Archive)
ADSB
ADSB
ADSB
Abu Dhabi - Mubasher: Abu Dhabi Ship Building reported an increase in losses in the fourth quarter of 2016 by 196.7% to AED 10.8 million from AED 3.46 million in Q4-15.
Annual profits declined by 33.4% to AED 57.7 million in 2016 compared to AED 86.8 million in 2015, according to the company’s statement to the Abu Dhabi Securities Exchange (ADX) on Tuesday.
Source:
Mubasher
