Dubai – Mubasher: The net losses of Emirates Refreshments declined to AED 7.182 million in 2020, compared to AED 10.11 million in 2019, according to the company's preliminary financial results for the period ended on 31 December 2020.
The company's revenues retreated to AED 24.757 million in 2020 from AED 39.6 million in the earlier year.
The loss per share stood at AED 0.239 in 2020, against AED 0.337 in 2019.
It is noteworthy to mention that during the first nine months of 2020, the company's net losses decreased to AED 4.57 million from AED 8.042 million in the same period of 2019.
