Abu Dhabi – Mubasher: Ras Al Khaimah Poultry and Feeding Company saw a rise of 20.3% year-on-year in its profits during the first quarter of 2017, according to a bourse filing on Monday.
Profits reached AED 4.56 million ($1.24 million) in Q1-17, compared to AED 3.79 million ($1.03 million) in Q1-16.
Revenues grew 27.7% to AED 12.79 million in Q1-17, compared to AED 10.02 million in Q1-16.
Sales costs fell 16.3% year-on-year to reach AED 9.14 million in Q1-17, according to the statement.
