Thursday 26 April 2018
 
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Net Profit

UAE district cooling utility Tabreed Q1 profit up 3pc

UAE-based National Central Cooling Company (Tabreed), a leading regional district cooling utility company, has registered a net profit of Dh78 million ($21.2 million) for the first quarter of 2018, up three per cent over Dh75.4 million ($20.5 mi

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UAE district cooling utility Tabreed Q1 profit up 3pc

UAE-based National Central Cooling Company (Tabreed), a leading regional district cooling utility company, has registered a net profit of Dh78 million ($21.2 million) for the first quarter of 2018, up three per cent over Dh75.4 million ($20.5 mi

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Mashreq Q1 net profit up 9.5pc to $163m

Mashreq, one of the leading financial institutions in the UAE, has posted a net profit of Dh598 million ($163 million) for the first quarter of the year, reflecting a yea-on-year increase of 9.5 per cent due to a 4 per cent increase in operating

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Al Khaliji Q1 net profit up 5.3pc to $46.5m

Qatar-based Al Khalij Commercial Bank (al khaliji) has posted a net profit of QR169.6 million ($46.5 million) for the first quarter of the year, marking an increase of 5.3 per cent over its financial results for the same period of last year.

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Emirates Islamic posts $56.8m profit for Q1

Emirates Islamic, a leading bank in the UAE, has reported a net profit of Dh209 million ($56.8 million) for the first quarter of 2018, marking a 2 per cent rise quarter-on-quarter (q-o-q) and drop of 6 per cent year-on-year (y-o-y).

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Qatar Navigation 2017 profit plunges to $128m

Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, said its net profit for the full year 2017 plunged to QR470 million ($128 million) from QR711 million ($195 million ) the year before. Announcing the financ

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Qatar Navigation 2017 profit plunges to $128m

Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, said its net profit for the full year 2017 plunged to QR470 million ($128 million) from QR711 million ($195 million ) the year before. Announcing the financ

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Seef Properties posts $29m in net profit

Seef Properties, a leading integrated real estate company in Bahrain, has posted a net profit of BD11.06 million ($29.2 million) for 2017, compared to BD11.04 million the previous year thanks to its strategy focusing on real estate diversificati

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Kuwait Styrene reports $94m net profit for 2017

The Kuwait Styrene Company (TKSC), the only producer of styrene monomer in Kuwait, has reported a net profit of $94 million for the fiscal year ending in December 31, 2017. Adel Al-Munifi, chief executive officer, TKSC, said: &ldq

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Kuwait Styrene reports $94m net profit for 2017

The Kuwait Styrene Company (TKSC), the only producer of styrene monomer in Kuwait, has reported a net profit of $94 million for the fiscal year ending in December 31, 2017. Adel Al-Munifi, chief executive officer, TKSC, said: &ldq

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