Arabtec posts a profit

by ArabianBusiness.com staff writer Saturday, 27 January 2007

Arabtec Holding achieved profits of US $59 million (AED217 million) during the year ending 31 December 2006, compared to $45 million the previous year, reflecting an increase of 30%.

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Sheikh Butti bin Maktoum bin Juma Al Maktoum, chairman of Arabtec Holding, said: " We are proud of the profit achieved during 2006, which is the result of our successful strategic plan. Arabtec continues its growth and success by implementing the best international management standards."
Arabtec Holdings comprises Arabtec Construction, Austrian Arabian Ready Mix Concrete, Arabtec Precast and House of Equipment.



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