RAPCO turns profitable in Q4

Abu Dhabi-Mubasher: Ras Al Khaimah Poultry and Feeding Co. (RAPCO) reported profits of AED 10.32 million in the fourth quarter of 2015, against losses of AED 2.63 million ($708,000) in the same quarter of 2014, according to the company’s preliminary results on Wednesday.

In the fiscal year 2015, profits rose 4.7% to AED 22.82 million from AED 21.8 million in the fiscal year 2014.

Mubasher Contribution Time: 17-Feb-2016 08:09 (GMT)