gulfnews : Dubai Financial Market profit falls to Dh8m as stock trading plunges

The Dubai Financial Market (DFM) on Sunday reported a net profit of Dh8 million for 2011, compared Dh89.9 million in 2010.
The DFM Group, which includes its subsidiary Nasdaq Dubai, reported a net loss of Dh6.9 million in 2011 compared to a net profit of Dh78.9 million in 2010.
The group's total revenues declined 32 per cent last year to Dh176.5 million from Dh260.5 million in 2010. The total revenue comprised Dh119.6 million operational revenues and Dh56.9 million in investment revenues and others.

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