Profits reached AED 33 million ($9 million) in Q4-16 (Photo Credit: Mubasher)
          
          
          
  
    
      GMPC 
GMPC
             
    
    
  4.02%
    2.07
  0.08
  
  
                    GMPC
Abu Dhabi – Mubasher: Gulf Medical Projects reported a 39% decline in its profits during the fourth quarter of 2016, according to a bourse filing.
Profits reached AED 33 million ($9 million) in Q4-16, compared to AED 54 million ($14.7 million) in Q4-15.
In 2016, profits fell 3.5% to AED 139.75 million from AED 144.71 million in 2015.
              
              Source:
              Mubasher