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Gulfa Mineral Water profits drop 26% in H1

Gulfa Mineral Water profits drop 26% in H1
Photo Credit: Arabianeye-Reuters
Gulfa
GULFA-INVEST
-8.75% 21.90 -2.10

 

Dubai – Mubasher: Gulfa Mineral Water and Processing Industries posted a significant drop of 26.15% in its net profits for the first six months of 2015, reaching AED 3.26 million compared to AED 4.4 million in the same period last year, according to filing to the Dubai Financial Market (DFM) on Sunday.

The company previously reported a plunge of 63.8% in net profits for Q1-15 to AED 690,000 compared to AED 1.9 million in the same period the year before.