Dubai – Mubasher: DFM Company posted a 19% year-on-year decline in its profits during the second quarter of 2017, according to a statement.

Net profits reached AED 43.3 million ($11.8 million) in Q2-17, compared to AED 53.5 million ($14.6 million) in Q2-16.

In the first half of 2017, net profits rose 4% to AED 145.6 million from AED 139.6 million in the prior-year period.

Total revenues reached AED 239.3 million in H1-17, compared to AED 227 million in H1-16.