Dubai-Mubasher: Dubai retail firm Marka saw a rise of 113% in its first-quarter losses, according to a bourse statement.
Net losses stood at AED 17.85 million ($4.86 million) in Q1-16, compared to AED 8.38 million ($2.28 million) in Q1-15.
Cost of sales rose to AED 39.08 million ($10.64 million), up from AED 175,000 ($47,643.04).
