Dubai Financial Market Company (PJSC) today announced its financial results for the first half of the year ending June 30th 2012, recording a net profit of AED 40.6 million, a 140 per cent increase compared to the corresponding period of 2011.
The net profit of the second quarter 2012 reached 10.2 million a 31 per cent decrease compared to Q2- 2011.
The Company recorded total revenue of AED 118.7 million in H1-2012 compared to AED 113.3 million during H1- 2011. The revenue comprised of AED 94.3 million of operating income and AED 24.4 million of investment returns. The Company expenses reached AED 78.1 million compared to AED 96.4 million recorded during H1-2011. During the second quarter of 2012, the Company's revenue reached AED 49.6 million compared to AED 64.6 million in the second quarter of 2011, whilst expenses amounted to AED 39.4 million in the same period compared to AED 49.9 million during Q2- 2011.
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