Tuesday 27 June 2017
 
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Revenue

HMH hotels in UAE post impresseive year-to-date revenue growth

Hotels operated by HMH – Hospitality Management Holding in the UAE exceeded expectations with an outstanding year-to-date performance. While Bahi Ajman Palace Hotel recorded an impressive 23 per cent growth in revenue, Coral

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Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, a leading international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last ye

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Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, a leading international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last ye

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RAK Ceramics posts solid Q1 sales growth

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, has registered solid growth in the first quarter of 2017 with its total revenues surging by four per cent to Dh681.1 million ($185 million). Announcing its r

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RAK Ceramics posts solid Q1 sales growth

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, has registered solid growth in the first quarter of 2017 with its total revenues surging by four per cent to Dh681.1 million ($185 million). Announcing its r

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Ma'aden reports revenue of $725m for Q1

Saudi Arabian Mining Co (Ma'aden) has reported a revenue of SR2.72 billion ($725.2 million) during the first quarter of this year, up 20 per cent year-on-year. The sales growth was due to increase in sales volume of all produc

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Ma'aden reports revenue of $725m for Q1

Saudi Arabian Mining Co (Ma'aden) has reported a revenue of SR2.72 billion ($725.2 million) during the first quarter of this year, up 20 per cent year-on-year. The sales growth was due to increase in sales volume of all produc

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Arabtec swings to Q1 profit, revenue up 11pc

Arabtec Holding, a leading contractor for social and economic infrastructure, has reported its first quarterly bottom line profit in the last three years. The group is undergoing a series of restructuring measures including the ap

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Apple revenue up, but iPhone sales drop

Apple has posted revenues of $52.9 billion for the first quarter of the year, as against $50.56 billion a year earlier, marking an increase of more than 4.5 per cent year-on-year, a report said. However, the technology giant also

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Zain Bahrain net profit down 45pc in Q1

Zain Bahrain, a leading telecom services operator in the kingdom, has registered a 45 per cent drop in its net profit for the first quarter which fell to BD503,000 ($1.3 million) from BD917,000 ($2.4 million) for the same period last year.&nbs

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