Abu Dhabi-Mubasher: Fujairah Building Industries posted losses of AED 1.52 million ($414,000) in the fourth quarter of 2015, a 111.4% surge from AED 719,000 ($195,700) in the same quarter of 2014, according to a bourse filing on Thursday.
Net profits declined 12.45% to AED 5.41 million in the fiscal year 2015, compared to AED 6.18 million in the fiscal year 2014.
Net revenues levelled down 6% to AED 246.32 million in FY15, compared to AED 264.81 million in FY14.
Operating revenues grew 8.7% to AED 7.5 million, compared to AED 6.9 million.
Earnings per share (EPS) fell to 3.98 fils, compared to 4.54 fils.
