SCDIC sees a net profit increase of 10.2% in 3Q17

SCIDC posted a net profit of AED12.38m (US$3.37m) in 3Q17, which is an increase of 10.2 per cent YoY according to Mubasher.

The revenues for the company totalled AED145.71m for the third quarter of 2017, an increase of 15.6 per cent from the corresponding period in 2016.

SCIDC saw a 0.9 per cent YoY increase in net profits for 9M17, rising to AED43.58m from AED40.41m.