Abu Dhabi-Mubasher: Fujairah Building Industries Co. (FBICO) reported profits of AED 6.92 million ($1.88 million) in the first nine months of 2015, up 0.4% from AED 6.89 million ($1.87 million) in the same period of 2014, according to a bourse filing on Sunday.
In the third quarter of 2015, net profits surged 147.65% to AED 1.05 million from AED 425,860 in the same quarter of 2014.
The company previously posted a 9% profit growth to AED 8 million ($2.18 million) in H1-15 from AED 7.3 million ($2 million) in H1-14.
The industrial firm’s Q2 profits soared by 76.4% to AED 3.77 million, up from AED 2.14 million in Q2-14.
