General and administrative expenses rose by 840.13% in Q1 (Photo Credit: Al Ramz's Facebook Account)
Al Ramz Corporation Investment and Development
ALRAMZ
ALRAMZ
Dubai-Mubasher: Al Ramz Corporation Investment and Development saw a rise in its first-quarter losses, according to a bourse statement
Net losses reached AED 371,950 ($101,240) in Q1-16, compared to AED 15,050 ($4,010) in Q1-15.
General and administrative expenses rose by 840.13% to AED 406,120 ($110,564) in Q1-16.
Source:
Mubasher
