Dubai-Mubasher: Gulfa Mineral Water and Processing Industries posted losses of AED 3.2 million ($871,000) in the fourth quarter of 2015, against profits of AED 800,000 ($217,800) in the same quarter of 2014, according to a bourse filing on Sunday.

Net profits retreated 83.6% to AED 1.05 million in the fiscal year 2015, compared to AED 6.4 million in the fiscal year 2014.