Abdullah Abdulmohsen Al-Khodari Sons Co face losses worth US$ 295.2 mn
14th February 2019
According to *Constructionweekonline news report, Saudi Arabian construction company Abdullah Abdulmohsen Al-Khodari Sons Co is facing losses worth $295.2m (SAR1.1bn), which it has attributed to cash flow and market challenges.[..]
Al-Khodari Sons narrows its net loss for 2017 by 15%
2nd April 2018
According to *Constructionweekonline news report, Saudi Arabian contractor, Abdullah A M Al-Khodari Sons, narrowed its net loss for 2017 by 15%. [..]
Union Properties reports net loss of US$ 626 mn
16th February 2018
According to *Tradearabia news report, Union Properties, a leading real estate developer in the UAE, has reported a net loss of Dh2.3 billion ($626 million) for the 12 months ending December 31, 2017 (equivalent to Dh0.55 loss per share) compared to a net profit of Dh211 million in the corresponding period of last year. [..]
Arabtec outlines major recapitalisation programme
3rd March 2017
Arabtec Holding, a leading construction company in the Middle East, on Thursday outlined a major recapitalisation programme which will see the loss-hit company raise Dh1.5 billion (($408 million) through a rights issue as part of its new recovery plan.[..]
Drake & Scull International trims net loss for Q3 2016
15th November 2016
Drake & Scull International (DSI), a regional engineering and services leader based in Dubai, UAE, said its revenue for the third quarter has grown two-fold to Dh869 million ($237 million) from Dh434 million ($118) for the same period last year.[..]
Drake & Scull reports revenue falls at 23% in H1 2016
16th August 2016
Drake & Scull International (DSI), a regional leader in the construction sector, reported a revenue of Dh1.83 billion ($498 million) for the first half of the year, marking a 23 per cent decline compared to Dh2.39 billion achieved in H1 2015.[..]
Damac reports 37.4% fall in Q2 net profit
15th August 2016
Dubai's Damac Properties reported a 37.4 per cent fall in second-quarter net profit on Sunday.[..]
Saudi's Al-Khodari reports second successive loss in Q4 2015
21st January 2016
Saudi Arabian contractor Abdullah Abdul Mohsin al-Khodari and Sons reported a second successive loss in the fourth-quarter of 2015.[..]