UAE-based Arabtec Holding has reported its first quarterly loss as a publicly traded company due to higher costs and nonpayment by customers, Bloomberg has reported. The fourth-quarter net loss was Dhs16.8m ($4.6m), according to Bloomerg calculations. The company, which first sold shares in January 2005, reported year-earlier profit of Dhs197.9m.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
