Abu Dhabi-Mubasher: Ras Al Khaimah Poultry and Feeding Company (RAPCO) reported a 27.6% rise in its profits during the second quarter of 2016, according to a bourse filing.
Net profits reached AED 5.44 million ($1.48 million) in Q2-16, compared to AED 7.51 million ($2.05 million) in Q2-15.
The company generated profits of AED 9.23 million in H1-16, a 23% decline from AED 11.99 million in H1-15.
Total revenues decreased 44.4% to AED 19.21 million in H1-16, compared to AED 34.54 million in H1-15.
