Abu Dhabi – Mubasher: Sharjah Group has swung to loss during last year after reporting profits in 2017.
The Abu Dhabi-listed company reported a net loss of AED 8.053 million in 2018, according to a bourse statement.
Basic loss per share reached AED 10.21, the Abu Dhabi-based real estate investor said.
Meanwhile, the company’s operating profits declined to AED 11.8 million last year, compared to AED 14.6 million in the year-ago period.