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FINANCIAL NEWS
DrakeScull net profit at USD6.5 m in Q3
07 Nov 2013
(MENAFN) Dubai-based Drake & Scull International, a contractor specialized in mechanical, electrical and plumbing works, posted a net profit increase in the July-September period, Arabian Business reported.
The company said that its net profit in the period hit USD6.5 million, up from USD1.06 million in the corresponding period last year.
The company”s revenues increased 60 percent to hit USD270.8 million, while the company”s total order backlog as of September reached USD3.4 billion, registering a 65 percent surge.
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