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