Dubai

Marka said its board will meet on July 26 to discuss and approve second quarter results.

The board will also discuss routine and other internal matters, the company said in a statement posted on Dubai Financial Market’s website.

Marka announced Dh27.8 million first quarter losses in its financial results for 2017.

Marka’s gross profit dropped by nearly Dh10 million, from Dh24.5 million in the first quarter of 2016, to Dh13.2 million in the same period of this year.