Dubai Refreshments announced it has achieved a net profit of AED 12.19 million for the full-year 2018, compared to AED 4.02 million in 2017.
Revenue increased to AED 139.5 million last year from AED 135.09 million in 2017, according to a statement.
Operating income totalled AED 8.47 million in the 12-month period ended 31 December 2018, against a loss of around AED 746,000 in the same period of 2017.
Earnings per share (EPS) stood at AED 0.14 as at end of December 2018, versus AED 0.04 a year ago.
Total assets amounted to AED 1.25 billion at the end of 2018, compared to AED 1.145 billion a year earlier.
In the first half of 2018, Dubai Refreshments had reported AED 6.97 million in net profit, compared to AED 24.68 for H1-17.