Abu Dhabi – Mubasher: The financial statements of Fujairah Building Industries indicated a 4.5% increase in net profits to AED 32.508 million over the period from January to September 2019, up from AED 31.111 million in the same period in 2018.
Earnings per share (EPS) came in AED 0.239 fils in the January-September period of the same year, down from 0.229 fils a year earlier.
Revenues totalled AED 163.705 million during the first nine months of 2019, down by 13.3% compared with AED 185.455 million last year, according to a bourse filing on Monday.
During the third quarter (Q3) of 2019, the company achieved a profit of AED 8.691 million when compared to AED 7.001 million in the corresponding quarter in 2018.
Meanwhile, EPS rose to 0.064 fils in Q3-19 from 0.051 fils in Q3-18.
Revenues retreated to AED 52.565 million in Q3-19 from AED 57.964 million in Q3-18.
