Stagnating top-line
Julphar reported FY 2016 slight revenue decline of 1.1% to AED1.454bn vs. AED1.47bn a year earlier. The net operating profit decreased by 8.9% to AED229.23m, down from AED249.68m in 2015. The net income for the period was down by 7.3% to AED210.03m vs. AED226.65m a year earlier. Thus, the net margin rate lost 100 basis points to establish at 14.4%.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.