Dubai Refreshments sees 27% higher profits in Q1-20

Dubai – Mubasher: Dubai Refreshments has reported net profits of AED 15.52 million during the first quarter (Q1) of 2020, up by 27% from AED 12.197 million during the same period of 2019.

The company recorded revenues of AED 142.1 million in Q1-2020, compared to AED 139.5 million during the year-ago period, according to the company's interim financial results for the period ended on 31 March 2020.

The earnings per share (EPS) settled at AED 0.17 in the first three months of 2020, compared to AED 0.14 in the same period of 2019.

It is noteworthy to mention that in 2019, the company's net profits reached AED 67.358 million, against AED 42.291 million in 2018.

Mubasher Contribution Time: 17-May-2020 10:03 (GMT)
Mubasher Last Update Time: 17-May-2020 11:04 (GMT)