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Gulf Navigation Emirates

Gulf Navigation Emirates latest

Gulf Navigation Emirates
October 17th, 2023 - 09:40 GMT

Gulf Navigation Emirates: 54% increase in Q3 Net profits to Dh7M

ALBAWABA - The net profits of Gulf Navigation Emirates increased by 54% in the third quarter of this year, reaching approximately AED 7 million ($1,905 million) on an annual basis. This remarkable growth can be attributed to a surge in non-operational revenues, which amounted to AED 18.4 million ($5,009 million) compared to AED 819,000 ($222,975) in the same quarter of the previous year. Over the span of nine months, the ...
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