StoryHedWeb_! Fujairah Building Industries records AED 18 mn in profits in 2023

ADX-listed Fujairah Building Industries (FBI) saw its net income rise 3.8% y-o-y to AED 18 mn during 2023, according to the construction company’s earnings release (pdf). The company attributed the increase to increased revenues and a decline in raw material input costs and fuel expenses. FBI penciled in a 4.6% y-o-y increase in revenues to AED 179.4 mn.

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