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Gulf Livestock profit falls 9.3% by September end

Gulf Livestock profit falls 9.3% by September end
Al Khaleej Investment
GLS
8.33% 2.60 0.20
Listed on the Abu Dhabi Securities Exchange (ADX), Gulf Livestock Company announced its financials for the period ending September 30, 2014, reporting a net profit of AED 17.6 million compared to a net profit of AED 19.4 million during the same period last year, registering a profit fall by 9.3%.

Gulf Livestock had reported a net profit of AED 13 million during the first half of the year, compared to AED 18 million during the first half of 2013, registering a 28% drop in net profit.