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Agthia Group PJSC (“Agthia” or “the Group”) announced today that its net profit surged by 32% year-on-year to AED 127.6M. Despite facing FX headwinds and the introduction of income tax in the UAE, the Group’s net profit margin expanded by 63 basis points to reach 8.8%.
Burjeel Holdings PLC today disclosed its financial results for the three-month period ended 31st March 2024, in line with International Financial Reporting Standards (IFRS), achieving a revenue increase of 11.1 percent to AED 1.2B in Q1 2024.
Abu Dhabi-based investment firm International Holding Company (IHC) – the most valuable entity listed on the Abu Dhabi Stock Exchange (ADX) – recorded a notable 87.6 per cent surge in net profit for the first quarter of 2024, reaching AED 8B ($2.18B), alongside a 22.5 per cent uptick in revenue to AED 19.3B ($5.26B).
E-commerce Giant Soars Past Expectations Amazon steamrolled past analyst expectations for the first quarter of…
In a significant financial development, UAE-based Apex Investment PSC has reported an extraordinary 625% surge…
National Bank of Fujairah (NBF) has released its financial results for the three-month period ending on 31st March 2024.
ADNIC’s Annual General Meeting (AGM) today approved the distribution of 45 percent cash dividends (AED 0.45 per share, totalling AED 256.5M) for the financial year ended 31st December 2023.
Al Yah Satellite Communications Company (Yahsat) reported a 6% year-on-year revenue surge to a record AED 1.7B ($457M) in the fiscal year ending December 31, 2023. Adjusting for one-off items, EBITDA hit a record AED 996M ($271M), and net income spiked by 68% to AED 424M ($116M).
Abu Dhabi, UAE — Etihad Airways today announced its results for the full year 2023,…
Salik Company PJSC, the sole toll gate operator in Dubai chaired by Mattar Al Tayer, has given the nod to the financial results covering the period until December 31, 2023.