Bildco losses deepen in Q4

Abu Dhabi – Mubasher: Abu Dhabi National Company for Building Materials (Bildco) reported a 297.7% rise year-on-year during the fourth quarter of 2016, according to a bourse statement.

Losses reached AED 29.39 million ($8 million) in Q4-16, compared to AED 7.39 million ($2.01 million) in Q4-15.

The company suffered losses of AED 61.45 million in 2016, up 205.6% from AED 20.11 million in 2015.

Mubasher Contribution Time: 14-Feb-2017 09:41 (GMT)
Mubasher Last Update Time: 14-Feb-2017 09:41 (GMT)