Retail operator Marka reported a total profit of AED 2.8 million in Q2 2018 – compared from an operational loss of AED 48.6 million in the same time period in 2017 as the company continues with its restructuring plan, it announced on Wednesday.
The results mark the second consecutive operationally profitable quarter for the company.
The positive results of this quarter and for 2018 so far reflect the progress the company is making on its restructuring programme, in light of these challenges over the past two years, said Marka chairman Khaled bin Kalban.
The efforts of the Marka management team have put the company in a stronger position ahead of the capital restructuring that has been proposed for later this yea…
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