Inactive Instrument

Marka

MARKA

AEM000401012

Marka Announces Earnings Results for the Year 2016

February 13, 2017

Marka announced earnings results for the year 2016. For the year, the company achieved total revenue of AED 291 million for 2016. This was an increase of over 35% from its 2015 revenue figures. Despite the strong increase in total revenues, the company announced a net operating loss of AED 24.364 million on an adjusted basis for 2016.

Latest news about Marka

The management of Icons Shop Limited acquired remaining 65% stake of Icons Shop Limited from Marka PJSC.	20-08-03	CI
Marka PJSC Auditor Raises 'Going Concern' Doubt	19-05-11	CI
Marka Announces Earnings Results for the Nine Months of 2018	18-11-19	CI
Marka Announces Earnings Results for the Second Quarter of 2018	18-08-14	CI
Evolvence Knowledge Investments Limited completed the acquisition of additional 30% stake.	18-07-30	CI
Marka PJSC Auditor Raises 'Going Concern' Doubt	18-03-25	CI
Marka PJSC Announces Earnings Results for 2017	18-02-14	CI
Marka PJSC Announces Financial Results for the Third Quarter of 2017	17-11-13	CI
Marka Continues Selling Unprofitable Businesses, Restructuring Debt	17-10-12	CI
Marka Reports Earnings Results for the Second Quarter of 2017	17-08-14	CI
Marka Appoints Benoit Lamonerie as CEO	17-05-28	CI
Marka PJSC agreed to sell 60% stake in Cheeky Monkeys Playland & Sweet Surprises LLC.	17-04-30	CI
Marka Announces Earnings Results for the Year 2016	17-02-13	CI
Marka Opens UAE's First Ca'puccino Coffee House and Kitchen	17-01-21	CI
Al Ramz Corporation Investment & Development Company PJSC acquired 5% stake in Marka PJSC.	16-12-13	CI
Marka PJSC Reports Earnings Results for the Third Quarter Ended 30 September 2016	16-11-17	CI
Marka Announces Opening of Second Harper's Bazaar Café in Dubai	16-11-07	CI
Marka PJSC Announces the Launch of Essentiel Men's Collection for the First Time in the UAE	16-09-21	CI
Marka PJSC(DFM:MARKA) dropped from S&P Pan Arab Composite	16-09-19	CI
Marka PJSC(DFM:MARKA) dropped from S&P GCC Composite	16-09-19	CI
Marka PJSC Reports Earnings Results for the Second Quarter Ended 30 June 2016	16-08-10	CI
Marka Announces Earnings Results for the First Quarter of 2016	16-05-12	CI
Marka Plans to Open Cheeky Monkeys in Saudi	16-03-28	CI
Marka Seeks Acquisitions	16-03-24	CI
Marka PJSC Announces Preliminary Unaudited Earnings Results for the Fourth Quarter Ended December 31, 2015	16-02-14	CI

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Company Profile

Marka PJSC is a Unted Arab Emirates-based company that focuses on the retail sector in the Gulf Cooperation Council (GCC) region, with a primary focus on Dubai and Abu Dhabi in the United Arab Emirates. In addition, the Company also is focused on the food and beverages sector. The Company, under fashion retail, focuses on five different formats: luxury apparel, concept store, luxury accessories, sports merchandise and airport concessions. The Company, under food and beverages (F&B), is focused to roll out restaurants under six formats, including Asian, luxury cafe, pizzeria, Arabic, sports cafe and Italian.

Sector

Food Retail & Distribution

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Sector Supermarkets & Convenience Stores

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Supermarkets & Convenience Stores