RAPCO Investment
RAPCO
RAPCO
Ras Al Khaimah Poultry and Feeding Company (RAPCO) announced in its statement to the Abu Dhabi Securities Exchange (ADX) that its Board of Directors will meet on Saturday, November 8, 2014 at 11 am to review and approve the Board’s previous minutes and resolutions, added to reviewing the Company’s financials for the first nine months ending September 30, 2014.
Moreover, the Board will review the RAPCO’s draft accounts, detailing the profits and losses of the Company as at September 30, 2014, added to approving them.
Noteworthy, RAPCO reported a net profit of AED 25.4 million during the first half of 2014 compared to AED 11.6 million during the first half of 2013, recording a profit surge by 119%.
RAPCO’s capital amounts to AED 86.4 million distributed on 86.4 million shares at par value AED 1 per share.
Moreover, the Board will review the RAPCO’s draft accounts, detailing the profits and losses of the Company as at September 30, 2014, added to approving them.
Noteworthy, RAPCO reported a net profit of AED 25.4 million during the first half of 2014 compared to AED 11.6 million during the first half of 2013, recording a profit surge by 119%.
RAPCO’s capital amounts to AED 86.4 million distributed on 86.4 million shares at par value AED 1 per share.
Source:
Mubasher
