Friday 29 May 2015
 
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Net Profit

Aldar Q1 net profit jumps 36pc to $168m

Abu Dhabi's Aldar Properties reported a net profit of Dh618 million ($168.25 million) in the three months to March 31, as against a profit of Dh453.4 million ($123.4 million) in the corresponding period of 2014, marking a 36 per cent rise.

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Americana posts 4.3pc Q1 net profit drop

Kuwait Food Co (Americana), whose biggest shareholder has been in talks with several parties to sell a stake in the firm in recent months, posted a 4.3 per cent fall in first-quarter net profit on Monday. The operator of restauran

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Adnic Q1 net profit plunges to $1.36m

Abu Dhabi National Insurance Company (Adnic) has posted a net profit of Dh5 million ($1.36 million) for the first quarter ended March 31 compared to Dh55 million ($14.9 million) for the same period in 2014. Commenting on the results, Kh

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BKIC reports Q1 net profit of $1.65m

Bahrain Kuwait Insurance Company (BKIC) reported a net profit of BD627,000 ($1.65 million) for the first quarter of this year, compared to BD1.9 million ($5 million) for the same period last year. Announcing the results chairman M

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Aramex Q1 net profit up 10pc to $23.5m

Aramex, a leading global logistics solutions provider, has posted a net profit of Dh86.6 million ($23.5 million) during the first quarter (Q1) of the year, up from Dh78.7 million ($21.4 million) in Q1 2014, marking an increase of 10 per cent.

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Mubadala 2014 profit plunges 28pc

Mubadala, an Abu Dhabi state-owned fund, today said its 2014 net profit dropped 28.7 per cent due to lower income from financial investments and impairments on oil and gas assets. The fund said in a statement it made a net profit

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Reem Investments profit jumps 61pc to $66m

Reem Investments, one of the leading investment companies in Abu Dhabi, announced a net profit of Dh245 million ($66.7 million) for the financial year 2014, an increase of 61 per cent from 2013 at its recent annual general meeting.

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GPIC net profit tops $190m for 2014

Bahrain-based Gulf Petrochemical Industries Company (GPIC) yesterday (March 21) reported a net profit of $190.2 million for last year. In a statement issued after the company's annual general meeting (AGM), the Prime Minister&

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NBK-Bahrain 2014 net profit up 27pc to $145m

National Bank of Kuwait-Bahrain (NBK Bahrain), the subsidiary of NBK Group in Bahrain, reported net profits of $145 million for the year 2014 compared with $114 million in 2013, a growth of 27 per cent year-on-year. As of end of 2

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NMC posts 12pc rise in 2014 profit; buys Spanish firm

NMC Health, a leading healthcare operator in the UAE, has announced a 12.1 per cent rise in net profit to $77.5 million for 2014 as well as the acquisition of a global fertility treatment provider based in Barcelona, Spain for $162 million.

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