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Emirates Driving announces 20% profit rise in fourth quarter

Emirates Driving announces 20% profit rise in fourth quarter
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Emirates Driving
DRIVE
0.32% 3.12 0.01

Abu Dhabi-Mubasher: Emirates Driving Company reported a 20% profit growth to AED 19 million ($5.2 million) in the fourth quarter of 2015, compared to AED 15.87 million ($4.32 million) in the same quarter of 2014, according to a bourse filing on Sunday.

The company's profits increased 42.4% to AED 97.56 million in the fiscal year 2015, compared to AED 68.53 million in the fiscal year 2014.