DSI reports net profit of $21.2m for H1 2021 ...United Arab Emirates

Drake & Scull International (DSI), the UAE-based contractor for integrated design, engineering and construction projects, has reported a net profit of $21.2 million for the first six months of the year. In a statement, the contractor said that it has achieved a gross profit of $2.99 million compared to the $1.90 million posted for the same period last year. Revenue hit $22.32 million, up 51.12% from last year’s figures of $21.2 million. These figures were driven by continuous success of optimising the operating expenses and direct supervision of ongoing projects, DSI said. While announcing its H1 results, the Dubai-based contractor said it had managed to trim its accumulated losses for June

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