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FINANCIAL NEWS
Dubai based Marka’s gross loss hits USD4m in Q3
12 Nov 2015
(MENAFN) Marka Holding, one of UAE’s top retailers registered disappointing numbers for its latest financial results, according to a recent report.
The retailer logged a gross loss of USD4 million throughout the three months to September timeframe, which was attributed to acquisition costs.
Furthermore, Takeover costs have hit USD1.9 million, let alone other expenses that have contributed to the overall loss like depreciation.
Moreover, the firm has reported USD280 thousand before interest, tax and depreciation, plus USD22.8 million in total income over the cited timeframe.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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