Dubai-Mubasher: Dubai Refreshments Company saw a 9.5% profits decline in the first quarter of 2016, according to a bourse statement.
Net profits reached AED 30 million ($8.16 million) in Q1-16, compared to AED 33.149 million ($9.02 million) in Q1-15.
Sales declined to AED 202.644 million ($55.17 million) in Q1-16, compared to AED 210.150 million ($57.21 million) in Q1-15.