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Drake & Scull International records 2009 net profit of AED 333 Million

2010-02-14

[Dubai, 14 February 2010]   Drake & Scull International PJSC (DSI), a regional market leader in integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting, and Water, Power and Infrastructure, reported net profits of AED 333 million for the fiscal year starting November 17, 2008 the date Drake & Scull International was incorporated as a publicly joint stock company and ending December 31, 2009. The company also recorded AED 2.2 billion in revenue for the same period. The results showed annual profit of AED 280 million for the calendar year starting January 1, 2009 and ending December 31, 2009, recording a year-on-year profit increase of 32%, up from AED 212 million in 2008.  Annual revenue totalled AED 1.89 billion, up from AED 1.72 billion in 2008, marking a year-over-year increase of 10%.