FBI
Abu Dhabi – Mubasher: Fujairah Building Industries Co. (FBICO) reported a 9% rise in profits for the first six months of 2015 to AED 8 million ($2.18 million), compared to AED 7.3 million ($2 million) in the same period in 2014, according to a filing to the Abu Dhabi Securities Exchange (ADX) on Sunday.
The industrial firm’s Q2 profits soared by 76.4% to AED 3.77 million, up from AED 2.14 million in Q2-14.
FBICO previously reported a net profit of AED 6.18 million in Q1-15, a leap of 113.65% from AED 2.9 million in the corresponding period of 2014.