Abu Dhabi – Mubasher: The net profit of Sharjah Group increased by 15.7% to AED 770,149 in the third quarter (Q3) of 2019 from AED 665,641 in the same period last year.

Earnings per share (EPS) in Q3-19 rose to 0.010 fils from 0.008 fils in Q3-18, according to a bourse filing on Monday.

During the first nine-month of 2019, the group’s net profits hiked by 612% to AED 21.809 million when compared to AED 3.063 million in the year-ago period, while EPS rose to 0.276 fils from 0.039 fils.

Moreover, total comprehensive income recorded AED 732,267 in Q3-19 and AED 25.052 million in the January-September period.

During the first half of 2019, the company realised a net profit of AED 21.03 million, versus AED 2.39 million in H1-18.

Source: Mubasher

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