Marka PJSC announced financial results for the third quarter of 2017. For the quarter, the company reported revenue of AED 23 million. Net loss was AED 22 million. The third-quarter result reflects the progress the company is making on its ongoing cost control programme - with a reduction of 75% of its general expenses compared to second quarter of 2017 from AED 45 million to AED 11 million - as well as strong operational changes that are moving the company towards long term financial improvements.