Sunday, 2 May 2010

DFM's net profit falls 8% to Dh53.6m

The Dubai Financial Market (DFM) Company announced yesterday its preliminary financial results for the first quarter ending March 31, with a net profit of Dh53.6 million, down eight per cent from the Dh58.5 million in the corresponding period of 2009.

DFM's quarterly revenues were Dh90.4 million compared to Dh95.3 million in the same period of 2009.

Revenues comprised Dh69.9 million in operating income and Dh20.5 million in return on investments. The company's operating expenses remained constant at Dh17.8 million.

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