Sunday 9 August 2015

Shuaa Capital second quarter net profit falls 72% | GulfNews.com

Shuaa Capital second quarter net profit falls 72% | GulfNews.com:



"Shuaa Capital said on Sunday its net profit for the second quarter to June fell 72 per cent even as revenues rose marginally.



The company said its second quarter net profit rose to Dh1.7 million from Dh6.2 million in the same period last year, while revenues grew Dh59.7 million from Dh52 million.



Net profit for the first half ending June 2015 was Dh0.1 million as opposed to Dh14.4 million for the first half 2014."



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