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Americana posts 14.8pc Q4 net profit dropKuwait Food Co (Americana) posted a 14.8 per cent fall in fourth-quarter net profit on Thursday, citing rising costs and declining investment income for the drop. The operator of restaurant franchises in the Middle East including More… |
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Mashreq Q4 net profit falls 13.7pcMashreq, Dubai's third-biggest bank by assets, posted a 13.7 percent fall in fourth-quarter net profit on Wednesday. The lender made a net profit of Dh556.2 million ($151.45 million) in the three months to Dec. 31, it said in More… |
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Du Q4 net profit falls 10pc to $140mDu, the United Arab Emirates' No.2 telecom operator, reported a 10 per cent fall in fourth-quarter profit on Thursday, missing analysts' estimates. The firm, which ended rival Etisalat's domestic monopoly in 2007, made More… |
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Aldar Q4 net profit jumps 77pc to $195mAbu Dhabi's Aldar Properties has registered a 77 per cent jump in its fourth-quarter net profit for 2014 which rose to Dh718 million ($195.4 million) compared to Dh406 million ($110 million) the previous year. The state-run builder More… |
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Shell swings to $2.8bn Q4 lossRoyal Dutch Shell, the world's second-largest non-government controlled oil company by market capitalization, has posted a net loss of $2.81 billion in the fourth quarter, as the price of oil fell sharply and it wrote down the value More… |
