FINANCIAL NEWS

Dubai’s Marka keeps an eye out for achievements

07 Dec 2015

(MENAFN) Acquisitions are not going to go out of style at Marka, the trade investment firm, the nation-based, publicly-traded unit is seeing a steady line of chances trying to claim its attention.

Accordingly, with Marka reporting incomes of USD 22.8mn over the third quarter, profitability failed to catch up, with the company reporting a net loss of almost USD 4.1mn.

In addition, Marka can take the loss in its progress, and it will be in profit in 2016, the most positive reflection from Q3 results.

Moreover, the firm is not just looking for scale through achievements gains; it has been constructing its direct contracting operations.

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