Sunday 18 November 2018
 
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Bank ABC reports 5pc growth in net profit

Bank ABC (Arab Banking Corporation) reported a consolidated net profit, attributable to the shareholders of the parent, of $159 million for the first nine of 2018, a 5 per cent increase compared to $151 million reported for the same period in th

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Equate Group achieves $406m net profit in Q3

Equate Group, a global petrochemical producer, has achieved $406 million in net profit in the third quarter of 2018, reflecting an increase of 22 per cent from the same period in 2017. The company’s revenue for the quarter w

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Aramex reports $30.7m net profit in Q3

Aramex, a leading global provider of comprehensive logistics and transportation solutions, reported that its 2018 third quarter (Q3) net profit surged by 38 per cent to Dh113 million ($30.7 million), compared to Dh82 million ($22.32 million) in

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Adnoc Distribution net profit up 18pc in H1

Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) has reported that net profit for the six months ended June 30, 2018, increased by 18 per cent to Dh1.124 billion ($306 million) compared with the same period last year.

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Adnoc Distribution net profit up 18pc in H1

Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) has reported that net profit for the six months ended June 30, 2018, increased by 18 per cent to Dh1.124 billion ($306 million) compared with the same period last year.

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Alba’s net profits surge 65pc in Q2

The net income of Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, surged 65 per cent in the second quarter of this year to BD29.1 million ($77.4 million), compared to BD17.7 million ($46.9 million) for the same period in 2017.

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ME airlines to see net profits balloon to $1.3bn

Middle East airlines are expected to see net profits grow to $1.3 billion this year, an industry expert revealed, attributing the boost to a number of factors. According to a statement released by the International Air Transport A

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Sadafco reports $69.32m net profit

Despite the decline in consumer spending and aggressive price strategies of competition, Saudia Dairy and Foodstuff Company (Sadafco) has reported a net profit of SR260 million ($69.32 million) during the 12-month period ending on March 31, 2018

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Julphar reports $5m net profit in Q1

UAE-based Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa (MEA), has reported first quarter 2018 sales of Dh264.0 million ($71.87 million) and a net profit of Dh18.4 million ($5.0 million). T

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Air Arabia posts Q1 net profit of $29.9m

Leading low-cost carrier Air Arabia has reported a strong Q1 net profit of Dh110 million (29.9 million), an increase of 8 per cent compared to the corresponding 2017 figure. In the same period, the airline posted a turnover of Dh8

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