FINANCIAL NEWS

Dubai’s Drake & Scull logs USD27.42m profit for 2014

31 Mar 2015

(MENAFN) Dubai-based Drake & Scull, the global industry leader delivering state-of-the-art projects and solutions, recorded a profit of around USD27.42 million for 2014, Arabian Business reported.

The profit of 2014 marked a significant decrease from the profit of the previous year which amounted to USD45.32 million. Thus, the engineering company proposed no dividend for 2014.

According to analysts’ calculations, Drake and Scull most recent paid cash dividend was recorded in 2011 and was estimated at a very low USD0.008 per share.

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