Dubai-Mubasher: Al Firdous Holding reported a 406% surge in losses to AED 2.3 million in the first quarter ended 30 June 2015, compared to AED 582,800 in the same period of 2014, according to a bourse.
The company previously posted net losses of AED 15.58 million in the fiscal year ended 31 March, against net profits of AED 1.7 million in the corresponding period of 2014.