Conglomerate Dubai Investments posted a 6.3 per cent rise in quarterly net profit yesterday and said the company was reviewing opportunities to divest some of its businesses.
The firm, in which sovereign wealth fund Investment Corporation of Dubai (ICD) owns an 11.5 per cent stake, made a net profit of Dh107.5 million for the first quarter, compared with Dh101.1 million made in the same period in 2011.
Revenue for the quarter was Dh623 million as against Dh643 million in the prior-year period, the company said in a bourse statement.
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