Abu Dhabi – Mubasher: The preliminary financial statements of Fujairah Building Industries recorded a 13% year-on-year (YoY) decrease to AED 41.62 million in 2020 from AED 47.32 million in 2019.
The company's revenues declined to AED 190.465 million in 2020, compared to AED 218.566 million in the earlier year.
The earnings per share (EPS) settled at 30.5 fils last year, versus 34.8 fils in 2019.
It is noteworthy to mention that during the first nine months of 2020, the company's net profits dropped to AED 27.558 million, compared to AED 32.508 million in the year-ago period.
