(MENAFN) Dubai's Drake and Scull announced that it posted a net profit of over USD50 million last year, Arabian Business reported
The building contractor said that its net profit in 2013 increased from USD50.37 million from USD31.3 million the year before it
The firm's profit in the final quarter of 2013 hit USD10.8 million, increasing from USD7.27 million in the corresponding period a year earlier
A senior analyst at NBAD Securities said: "They did better than in 2012 but that was expected.
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