Thursday 15 August 2013

Arabtec Holding announces Dh155m first quarter profit | GulfNews.com

Arabtec Holding announces Dh155m first quarter profit | GulfNews.com:

"Arabtec Holding said in a statement on Thursday its net profit in the first half of 2013 increased 114 per cent. The UAE-based construction firm said operations in Saudi Arabia and the UAE led the company to announce a Dh155 million first half profit.
“Our businesses have delivered a strong performance in the first half of 2013, particularly in the UAE and in Saudi Arabia, and our results are a clear indicator of the health of the industry and the potential for sustained growth in the medium term,” Hassan Abdullah Ismaik, Managing Director and CEO of Arabtec Holding, said in a statement.
Arabtec said its growth was a reflection of in the regional construction industry and its recovery from the global financial crisis."

'via Blog this'

No comments:

Post a Comment