ADSB posts Dh9m profit

ABU DHABI - Abu Dhabi Ship Building (ADSB) yesterday announced financial results for the third quarter of 2004 showing a substantial increase in net profit to Dh9.8 million compared to the previous year.

By A Staff Reporter (Wam)

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Published: Tue 26 Oct 2004, 10:02 AM

Last updated: Thu 2 Apr 2015, 12:43 PM

As of the quarter ending September 2004, year-to-date net profits increased to Dh 19.5 million, while sales revenues increased to Dh 274.9 million, reflecting a growth of more than 142 per cent over the same period in 2003.


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