Abu Dhabi-Mubasher: Abu Dhabi Ship Building Co. (ADSB) posted profits of AED 96.25 million ($26.2 million) in the first nine months of 2015, against losses of AED 53 million ($14.43 million) in the same period of 2014, according to a bourse filing on Monday.

The company also generated AED 11.26 million profit in Q3-15, versus losses of AED 42.11 million in Q3-14.

ADSB previously posted net profits of AED 621.188 million during the first half of 2015, against net losses of AED 1 million during the same half of 2014.