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Gulfa Mineral Water Q3 profits down 34%

Gulfa Mineral Water Q3 profits down 34%
the company registered AED 1.82 million in 9M - Photo Credit: Mubasher
Gulfa
GULFA-INVEST
-8.75% 21.90 -2.10

Dubai – Mubasher: Gulfa Mineral Water and Processing Industries said Monday that its profits decreased 34% year-on-year to AED 666,070 from AED 273.44 million, according to a bourse filing.

Over the first nine months, the company registered AED 1.82 million, lower 57.28% from AED 4.27 million for the year-ago period.

In the first half, the company earned AED 1.16 million, compared with AED 3.26 million for the prior-year period.