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Sunday, November 29 - 2009

Gulfnav net profits drop to Dhs11.62m

  • United Arab Emirates: Saturday, October 31 - 2009 at 10:32

Gulf Navigation Holding (Gulfnav) has announced its nine-month consolidated performance. It has posted a net profit of Dhs11.62m compared to Dhs136.9m for the same period of 2008. The company's operating profit has dropped to Dhs101.62m against Dhs189.85m, while revenues posted declines at Dhs255.46m as against Dhs306.45m.

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