Abu Dhabi – Mubasher: Gulf Pharmaceutical Industries (Julphar) posted a decline in its profits by 25.2% year-on-year during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 11.46 million ($3.12 million) in Q3-16, compared to AED 15.32 million ($4.17 million) in Q3-15.
In the first nine months of 2016, profits fell 2.3% to AED 160.64 million compared to AED 164.5 million achieved in the prior-year period.
