Asmak's profits of AED 7.35 million ($2 million) in Q3-16 (Photo Credit: Company Website)
IHC
IHC
IHC
Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) turned profitable in the third quarter of 2016, according to a bourse statement.
The company generated profits of AED 7.35 million ($2 million) in Q3-16, against losses of AED 604,000 ($164,400) in Q3-15.
Profits declined 73.5% to AED 23.84 million in the first nine months of 2016, compared to AED 89.99 million in the same period of 2015.
Source:
Mubasher
