GULFNAV announces net profit of AED35 million for M9 2023 coloradostar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coloradostar.com Daily Mail and Mail on Sunday newspapers.
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DUBAI, 17th October, 2023 (WAM) Gulf Navigation Holding (GULFNAV), the Dubai Financial Market listed maritime and shipping company, announced that it made a net profit of AED35 million for M9 2023, compared to AED1.8 million in the year-ago period.In its statement today, the Dubai-based company said that operating revenue for the nine-month reached AED83 million.The statement added that its Q3 2023 net profit grew by 62% year-on-year (YoY) to AED6.8 million ($1.86 million) and said the focus ahead will be on ramping up revenues.Ahmad.