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Especially now I'm home the next six weeks [after surgery], I can devote all my energy to it. rayban outlet DUBAI: Drake Scull International PJSC (DSI), on Monday reported the financial results for Q1 2014 ended March 31st.Revenues for the quarter were sustained compared to last year and closed at Dhs1.25 billion driven by a solid contribution from the KSA, UAE and Iraq markets each accounting for 53 per cent, 18 per cent and 5 per cent respectively. Earnings per Share (EPS) Stood at Dh 0.0176 and net profit reached Dhs45.7 million. The quarterly contribution of the General Contracting Business to the bottom line stood at 24.6 per cent representing a decrease of 35.9 per cent compared to Q1 2013.The Engineering Business generated 56.8 per cent of the cumulative net profit achieved in Q1 2014 up by 11.1 per cent compared to the same period last year. The Oil Gas division continues to achieve solid results in Southern Iraq contributing 18.5 per cent of the quarterly Net profit indicating an increase of 77.9 per cent compared to last year.DSI continues to increase its market share in the MENA region and managed to secure Dhs1.1 Billion worth of new contracts across all markets in the first quarter. The company started the year with a strong momentum in the UAE which accounted for 49 per cent of the new project awards while KSA accounted for 31 per cent. Through its German subsidiary the company managed to secure a series of contracts across the Waste Water and Water Treatment sector in Q1 taking the contribution of the European and Indian markets to 15 per cent and 5 per cent of the new projects awards in Q1 2014 respectively. The Order Backlog reached Dhs12.2 billion representing a year on year increase of 35.8 per cent. KSA and the UAE remain the largest contributors to the backlog accounting for 41 per cent and 19 per cent respectively as of the 31st of March 2014.Commenting on the results, Khaldoun Tabari, CEO of DSI said, The first quarter shows signs of improvement in our industry, overall sentiments across the region are more positive and developments are once again moving forward. Despite the severe competition the greater overall outlook is that 2014 is expected to bring in a significant increase in momentum with more market activity. Our projects in the GCC are delivering seamless results and our operations in the LEVANT, North Africa, South Asia and Europe are steadily progressing and are also a vital part of our future revenue stream. We will continue to increase our portfolio, and invest in cutting edge technology in order to expand our global presence by venturing into new markets and creating more opportunities for development across every segment of our business. Mukhtar Safi, CFO of DSI added, Q1 witnessed increased productivity from our Engineering Business across all markets and a slowdown in our General Contracting business in KSA due to unforeseen delays in two major projects which are not recurring and we expect our portability margins in this sector to improve in Q2 2014. The Oil Gas business achieved a substantial increase in its contribution to the cumulative top line and bottom line growth with sustained Net margin at 13%. We have managed to maintain our receivables days and we are keen on enhancing our working capital as we expect improved collections and liquidity in Q2 2014. Our main strategy for the year is to strengthen our balance sheet and reduce costs to deliver on our growing backlog. We expect in 2014 accelerated growth for DSI in emerging markets and particularly across the Oil Gas and Rail sectors, Mukhtar concluded. h cheap sunglasses Crossett City Council members heard an update on the upcoming construction of two fire stations, adopted an ordinance to place extending aldermen's terms on the general election ballot, listened to a zoning ordinance complaint, approved two appointments and set a city wide clean up date during their regular meeting on Monday, April 21.Mike Webb, construction manager on the city's fire department projects, updated the council on 16 bid packages. Webb said preliminary projected costs combined with low bids is 7.7 percent higher than the city's budget for the project. However, he said, he is considering options to reduce costs. One reduction, he said, is to omit $155,000 for special doors and install rolling doors instead.In later comments, Lisa Gulledge, city treasurer, said the bond issue sold for $6.21 million with the city purchasing four acres of land at $79,860.96 from Plum Creek on the southeast corner of Hwy 82 and Wellfield Road for fire station #2. The other location for fire station #1 is the Boys and Girls Club and is already owned by the city. Other costs estimated by Webb, Gulledge said, are architect fees, landscaping, furnishings and equipment.Low bids received and presented to the council during Monday's meeting are: Building and site demolition for fire station #2, D R, LLC., at $19,750; mass earthwork, storm drainage and erosion control with a combined base bid for both stations by D R, LLC., $269,781; asphalt paving, combined bid, $82,678; building and site concrete, combined, Ideal Construction $593,623; masonry, John Corbit Masonry, combined $269,500; waterproofing and joint sealants, combined, Earl Hester, $19,995; glass, gazing, storefronts, windows, combined, El Dorado Glass, $45,905; drywall, acoustical, air barriers, and related insulation, B L Drywall, combined, $361,126; thin set tile, White River Flooring, combined, $12,880; tile carpeting and resilient base, combined, Finish Touch, $7,490; painting, ArPro, combined, $104,520; fire protection, combined, Dunk Fire Protection, $128,000; plumbing and site water, sewer, gas, combined, Glenn Mechanical, $325,000; HVAC, combined, Mizell Heat Air, $595,000; electrical, H F Electric, combined, $625,000; and general trades, Ideal Construction, combined, $1,374,000. 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