ABU DHABI: Eshraq Properties, the Abu Dhabi-listed company, reported on Thursday Dh3.5 million in losses in the second quarter of 2016, marking a significant plunge from the Dh916,840 in net profit recorded in the same quarter of 2015.
The figures bring net loss for the first six months of this year to Dh4.5 million from Dh6.2 million in losses in H1 2015. Meanwhile, revenues for Q2 reached Dh4.1 million – down from Dh4.9 million in Q2 2015, as revenues for the first half of this year stood at Dh11.2 million.
