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Dubai builder Arabtec swings to Q4 loss
Published Sun, Mar 22, 2015 · 09:50 PM
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Abu Dhabi
DUBAI's largest construction firm, Arabtec, swung to a net loss of 67.4 million dirhams (S$25.27 million) in the fourth quarter of last year, missing analysts' estimates as high costs weighed on its bottom line.
The builder, in which Abu Dhabi state fund Aabar Investments owns a 36.11 per cent stake, on Sunday reported a net profit o…
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