Dubai Financial Market PJSC (DFM), the only publicly traded Gulf Arab stock market, said second-quarter profit declined 31 percent as revenue dropped.
Net income was 10.2 million dirhams ($2.7 million), Dubai Financial Market said in an e-mailed statement today. Revenue dropped 23 percent to 49.6 million dirhams, while expenses fell 21 percent to 39.4 million dirhams, it said.
The company didn’t give reasons for the profit decline. The complete earnings statement is yet to be released.
No comments:
Post a Comment