UNIKAI sees 7% rise in Q2 profits

Dubai-Mubasher: United Kaipara Dairies Co. (UNIKAI) reported a 7.4% increase in its second-quarter profits, according to a bourse statement.

Profits reached AED 7.15 million ($1.94 million) in Q2-16, compared to AED 6.66 million ($1.80 million) in Q2-15.

Revenues rose 6.4% to AED 92.14 million in Q2-16, compared to AED 86.62 million in Q2-15.

The company generated profits of AED 8.29 million in H1-16, up 33.9% from AED 6.19 million in H1-15.

Mubasher Contribution Time: 08-Aug-2016 08:15 (GMT)
Mubasher Last Update Time: 08-Aug-2016 08:15 (GMT)