(MENAFN- Khaleej Times) This came as a result of Depas selective approach to signing new contracts that carry higher margins and lower risk profiles.
Dubai - Depa one of the world’s leading interior contracting solutions providers reported a net profit of Dh44 million after NCI in 2014 compared to a net loss after NCI of Dh131 million in 2013.
This came as a result of Depa’s selective approach to signing new contracts that carry higher margins and lower risk profiles. The one drawback of this approach is a drop in revenue which has declined 16 per cent to Dh1940 million in 2014 compared to Dh2318 million in 2013.
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