Oman's Al Hassan Engineering Co reports net loss of US$ 15.3 mn for 9M of 2017
20th November 2017
According to *Constructionweekonline news report, Oman's Al Hassan Engineering Co reported a net loss of $15.3m (OMR5.9m) for the first nine months (9M) of 2017, despite recording significant milestones and progress on its ongoing developments in the sultanate. [..]
Drake & Scull reports net loss of US$ 214 mn in 2016
14th February 2017
Dubai-based construction company Drake & Scull (DSI) reported a 2016 net loss of $214.4m, narrowing from a loss of $255m in the previous year, according to reports on Tuesday.[..]
Hill International declares net loss of US$ 6.9 mn in Q3 2016
16th November 2016
US-based Hill International has declared a net loss of $6.9m in the third quarter of 2016 for its Middle East operations.[..]
Dubai's Arabtec report net loss of US$ 61 mn in Q3 2016
15th November 2016
Dubai-based contractor Arabtec reported a net loss of $61m (AED225.5m) in the third quarter of 2016, ending 30 September, attributable to the shareholders of the parent company.[..]
Arabtec reports net loss of US$ 50.8 mn in Q2
15th August 2016
Dubai contractor Arabtec reported a narrower loss in the second quarter on Sunday, its seventh straight quarterly loss.[..]
Saudi Arabia's Al-Khodari reports net loss in Q2
27th July 2016
Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Tuesday it swung to a net loss in the second quarter as earnings were pressured once again by a slowdown in the kingdom's building sector.[..]
Egypt's Orascom registers net loss of US$ 334 mn for FY 2015
26th April 2016
Egypt's Orascom Construction said it has registered a net loss of $334.4 million for the financial year 2015 mainly due to a major setback in its US business and expects to return to profitability in this quarter.[..]
Hill reports net loss of US$ 1.1 mn for Q4 2015
30th March 2016
Hill International reported a net loss of $1.1m for the fourth quarter of 2015.[..]
Arabtec reports net loss of US$ 626 mn for 2015
22nd February 2016
UAE-based contractor Arabtec widened its net loss to $626m (AED2.3bn) for the whole year of 2015 as compared to $58.5m (AED215m) in 2014.[..]
Drake & Scull reports net loss of US$ 255 mn for 2015
15th February 2016
Drake & Scull International (DSI) reported a net loss of $255m (AED936.7m) for the whole 2015 compared to a net profit of $27.4m (AED101m) reported for 2014, in the midst of a prolonged slowdown in the regional construction sector.[..]