Abu Dhabi – Mubasher: Al Khaleej Investment (KICO) posted a declined in its profit by 7.2% year-on-year in its profits during the fourth quarter of 2016, according to a bourse statement.
Profits reached AED 16.8 million ($4.57 million) in Q4-16, compared to AED 18.11 million ($4.93 million) in Q4-15.
In 2016, net profits rose 12.2% to AED 30.82 million from AED 27.47 million in 2015.
