A flat revenues growth.
Julphar recorded Q4 2015 net profit increase of 4.8% to AED79.1m (vs. AED75.5m in the same period of 2014). FY2015 consolidated sales reached AED1439.8m, a weak organic growth of 0.5% compared to 2014. The operating income grew by 13.6% to AED271m, setting the operating margin at 18.8%, and bringing the annual net profit to AED243.5m, an increase of 3.75% compared to 2014. Thus the net margin stood at 17% (vs. 16.4% in the previous year).
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