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Dubai Refreshments discloses interim financial results for H1

Dubai Refreshments discloses interim financial results for H1
Revenue reached AED 302.16 million in H1
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Dubai – Mubasher: Dubai Refreshments, listed on the Dubai Financial Market (DFM), reported an interim profit of AED 30.88 million for the first half of 2019, versus AED 11 million in H1-18.

Revenue reached AED 302.16 million during the six-month period ended 30 June 2019, versus AED 285.97 million in H1-18, according to a bourse filing.

Earnings per share stood at AED 0.34 in H1-19, versus AED 0.12 in the year-ago period.

During the second quarter of 2019, the company recorded a profit of AED 18.68 million, compared to AED 6.97 million in the same quarter a year earlier.

Moreover, revenue increased to AED 162.67 million in the April-June period of 2019 from AED 150.88 million in Q2-18.

Total assets amounted to AED 1.21 billion as at 30 June 2019, compared to AED 1.14 billion as at 31 December.