Abu Dhabi – Mubasher: Fujairah Building Industries reported a rise in its annual profits by 113.7% year-on-year during the fiscal year 2016, according to a bourse statement.
Profits amounted to AED 15 million ($4.08 million) in 2016, compared to AED 7.02 million ($1.91 million) in 2015.
Revenues stood at AED 244.94 million in 2016, down 0.6% from AED 246.32 million in 2015.
Earnings per share (EPS) reached 11 fils in 2016, compared to 5.16 fils in 2015.
