Abu Dhabi – Mubasher: International Holdings Company (Asmak) reported a 52.14% year-on-year profit decline in the third quarter of this year, registering AED 2.57 million, compared to AED 5.37 million.

During the nine-month period ended September, profits amounted to AED 20 million, against AED 26.40 million during the comparable period of 2017, with a 24.24% decline.

Asmak’s stock hiked 1.71% to close Monday at AED 1.19.