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UAE's Firm Increased Profit By 310 %
UAE's oil and gas firm Gulf Navigation Holding PJSC has posted a Dh47.59 million profit in the first half of 2007
UAE's oil and gas firm Gulf Navigation Holding PJSC has posted a Dh47.59 million profit in the first half of 2007.
The profit is 310 per cent higher than the Dh15.44 million earned in the first half of 2006. Revenue increased by 164 per cent to Dh110.68 million compared to the same period last year.
Total assets at the end of June 2007 were Dh2.283 billion. Shareholders' equity stood at Dh1.727 billion and the company's earnings per share was Dh0.0393 as on June 30, 2007.
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