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Sharjah Group records AED 12m net profit in Q4

Sharjah Group records AED 12m net profit in Q4
The group’s net profit reached AED 12.05 million in Q4-17
Aram Group
SG
-1.38% 2.86 -0.04

Abu Dhabi – Mubasher: Sharjah Group on Sunday posted a 9.2% decline in net profit during the fourth quarter of 2017.

The group’s net profit amounted to AED 12.05 million in Q4-17 versus AED 13.27 million in the year-ago period, according to a filing to the Abu Dhabi Securities Exchange (ADX).

Sharjah Group’s net profit decreased by 4% to AED 18.8 million in 2017, compared to AED 19.66 million a year earlier, the group’s data showed.