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Al Firdous posts 119% profit rise to AED 1.7 mln by March end

Al Firdous posts 119% profit rise to AED 1.7 mln by March end
Al Firdous
ALFIRDOUS
-3.32% 0.32 -0.01
Al Firdous Holding Co. (Al Firdous) released financial statements for FY ended on March 31, 2014, which reflected net profit of AED 1.7 million, compared to AED 786.66 thousand, soaring 119.4%.

Revenue rose AED 16.55 million, compared to AED 13.2 million in year earlier period. The company is capitalized at AED 600 million, divided into 600 million shares, at AED 1 par value each.