Dubai investments first half net profit falls.
Position | Dubai Investments PJSC 2019 earnings report |
Dubai Investments said on Thursday its net profit for the first half to June fell 39 percent to Dh353 million due to gains from merger and acquisition. The company made a gain of DhDh64 million due to (MandA) in the first half compared to a gain of Dh333 million in the same period last year. Profits for first half without considering these exceptional items has increased by Dh131 million when compared to the previous period. The company reported a net profit of Dh151 million for the second quarter of 2019, an increase of 17 percent when compared to the same period last year. The company
's total assets grew by Dh1.09 billion during...
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