Foodco's profits reached AED 20.18 million ($5.5 million) in Q4-16 (Photo Credit: Company Website)
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Abu Dhabi – Mubasher: Foodco Holding posted a 23.5% decline year-on-year in its profits during the fourth quarter of 2016, according to a bourse statement.
Profits reached AED 20.18 million ($5.5 million) in Q4-16, compared to AED 26.37 million ($7.18 million) in Q4-15.
In 2016, profits rose 3.3% to AED 57.13 million from AED 55.31 million in 2015.
Source:
Mubasher
