EQUATE Sukuk SPC Limited Reports 35% Decrease In Q3FY19 Revenue

  • Nov 04, 2019 GMT
  • Team Kalkine
  • EQUATE Sukuk SPC Limited (IRSH) has released its third-quarter business results.
  • There was 35 per cent decrease in company’s revenue to $811 million in the reported quarter from $1,247 million in Q3 FY18
  • The company reported a 52 per cent decrease in EBITDA to $264 million from $547 million in Q3 2018.
  • Net income after tax reported a 65 per cent decline from $406 million of the same period last year to $143 million in Q3 2019.

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