Tuesday 24 December 2024
 
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2014 profit

Arabtec 2014 profit plunges 48pc on high costs

UAE-based Arabtec, a leading construction firm, on Sunday reported a net profit of Dh241.6 million ($65.7 million) for full-year 2014 versus Dh468.3 million ($127.4 million) in the previous year, marking a decrease of 48.4 per cent.

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Virgin Atlantic swings to $21m profit in 2014

British-based airline Virgin Atlantic has reported a profit before tax and exceptional items of GBP14.4 million ($21.2 million) in 2014, as against a pre-tax loss of GBP51 million ($75.1 million) in the previous year. This represe

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Batelco Q4 net profit rises to $22m

Bahrain Telecommunications Company (Batelco) made a net profit of BD8.4 million ($22.28 million) in final three months of 2014, up from KD6.9 million ($18.1 million) in the year-earlier period, marking a 22 per cent rise. Bahrain

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