Sharjah: DFM-listed budget carrier Air Arabia (PJSC) posted a net profit of Dh564 million for the third quarter ending September 30 this year. This represents an 8% increase compared to the Dh522…
Tag: profit
DEWA 9-month revenue powers up to Dh23.5b, profit at Dh5.5b
Dubai: DEWA’s 9-month 2024 revenues have totaled Dh23.5 billion, powering the net profit after tax to Dh5.5 billion. The corresponding net profit in 2023 was Dh613 million. On revenues and EBITDA – where DEWA tallied Dh11.8…
ADNOC-owned Fertiglobe 9-month profit at $135 million
Dubai: The ADX-listed Fertiglobe pulled in net profits of $135 million for the first nine months of 2024, as revenues cleared $1.5 billion. These are the first results that the fertilizer giant…
Dubai developer Deyaar posts Dh348.8 million profit before tax for first 9 months
Earnings per share reached 7.51 fills in the year to date, September 2024, a 38% y-o-y increase from 5.43 fills in the same period in 2023. In addition, revenue for Q3 2024…
Al Ansari Financial Services sees profit drop for 9-month 2024 over 'significant challenges'
“The past nine months have posed significant challenges for our industry, with economic and geopolitical pressures, heightened competition, and introduction of corporate tax, coupled with increased operational and manpower costs, impacting our…
Dubai's Tecom Group net profit soars to Dh943 million on high office demand
“We achieved significant growth in revenue and profitability, driven by high occupancy rates across our diversified portfolio of premium commercial, industrial, and land lease assets,” said Abdulla Belhoul, CEO of Tecom Group. “This…
DAE logs $310.8 million net profit Jan-Sep 2024
Total revenue was $1.017 billion for the nine months, a YoY increase of $27.9 million, or 2.8 percent, while operating profit before exceptional items was $512.1 million, an increase of $47.6 million…
Airbus says net profit rose 22%, maintains production targets
Airbus has delivered 497 planes since the start of the year, and left unchanged its forecast of delivering 770 aircraft for the full year, despite some problems with its suppliers. “We are…
ADNOC Distribution 9-month net profit clears Dh1.8b on higher fuel volumes, retail services
“We made steady progress expanding our domestic retail presence and market share, while also seeing growing returns from our international expansion (in Saudi Arabia and Egypt),” said Bader Saeed Al Lamki, CEO of…
Mashreq's 9M pretax profit jumps 9% to Dh6.5 billion
Mashreq’s 9M pretax profit jumps 9% to Dh6.5 billion