UAE’s Firdous full-year figures show losses

 

Dubai – Mubasher: Al Firdous Holding turned to losses in the fiscal year ended 31 March 2015, the firm said in a filing to the Dubai Financial Market (DFM) on Sunday.

The company posted AED 15.58 million ($4.24 million) in losses by the end of March 2015, against AED 1.7 million ($463,000) profits in the same period last year, while losses per share reached AED 0.026 against earnings per share of AED 0.0028.

The company previously reported a net loss of AED 10.43 million in the nine-month period ended 31 December 2014 against a net profit of AED 1.02 million the year before.

Mubasher Contribution Time: 28-Jun-2015 06:32 (GMT)