Tuesday 19 March 2024
 
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Net Profit

Orascom Construction's 9-month net profit up 45pc

Orascom Construction, a leading engineering and construction contractor in the region, has reported a net profit of $119.3 million for the period between January and September, up 45 per cent over the previous year's figure of $82.3 million.

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Sadafco's net profit surges to $14.6m in Q3

Saudia Dairy and Foodstuff Company (Sadafco) has announced that its net profit for the three-month period ending on September 30 surged to SR54 million ($14.6 million) on lower international commodity prices combined with favourable sales grow

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Sadafco's net profit surges to $14.6m in Q3

Saudia Dairy and Foodstuff Company (Sadafco) has announced that its net profit for the three-month period ending on September 30 surged to SR54 million ($14.6 million) on lower international commodity prices combined with favourable sales grow

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Emirates Group posts $14.8bn revenue in fiscal H1

Dubai-based Emirates Group has reported a revenue of Dh54.4 billion ($14.8 billion) for the first six months of its 2018-19 financial year, up 10 per cent from Dh49.4 billion ($13.5 billion) during the same period last year. Profi

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Emaar Development's Q3 net profit surges 19pc

Emaar Development, the UAE build-to-sell property development business of Emaar Properties, has recorded a 19 per cent jump in its net profit for the first nine months (anuary to September) which surged to Dh2.498 billion ($680 million), compare

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Air Arabia 9-month net profit drops 17pc

Sharjah-based Air Arabia posted a 17 per cent drop in net profits for the first nine months of 2018, despite an increase in turnover to Dh3 billion ($816.6 million). The airline's net profit for the period January-September st

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Union Properties swings to nine-month net profit

Union Properties, a leading real estate company based in Dubai, UAE, said it has recorded a net profit of Dh145.6 million ($40 million) for the first nine months of 2018, compared to a net loss of Dh2.3 billion ($626 million) for the same period

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Agility reports $65m net profit in Q3

Agility, a leading global logistics provider, reported third-quarter earnings of 13.8 fils per share on net profit of KD20 million ($65.7 million), an increase of 12.3 per cent over the same period in 2017. Agility EBITDA grew 14.

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Gulf Hotels Group posts 9-month net profit of $2.9m

Gulf Hotels Group, a leading hospitality chain in Bahrain, has posted a net profit of BD1.117 million ($2.9 million) for the third quarter of 2018, compared to BD2.809 million ($7.4 million) during the same period last year - a decrease of 60.23

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Turkish Airlines' net profit triples in 9 months

Continuing its uninterrupted profitable growth performance, Turkish Airlines managed to increase its net profit by three times in the first nine months of the year to reach $755 million. The airline's total revenue increased b

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