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Arabtec swings to Q3 net loss

DUBAI, November 11, 2015

Dubai-listed builder Arabtec swung to a net loss of Dh944.8 million ($257.3 million) in the three months to September 30, it said in a statement to Dubai's bourse.

This compares with a profit of Dh68.7 million in the corresponding period of 2014, it said.

SICO Bahrain had forecast Arabtec would make a quarterly net loss of Dh21.2 million. - Reuters




Tags: Dubai | Arabtec | builder |

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