Dubai – Mubasher: Depa Limited, a UAE-based interior contracting company, reported higher net profits during the first six months of 2016, according to a bourse filing.
The company earned AED 16 million, higher 6.7% from AED 15 million for the year-ago period.
Meanwhile, revenues declined by 8.20% year-over-year in the first half to AED 772 million from AED 841 million.
The value of total assets during the same period rose to AED 2.52 billion compared to AED 2.49 billion for prior-year period.
