Saudi Gazette - Dubai Investments PJSC net profit surges 116% in first half of 2013:
"Dubai Investments PJSC, the largest investment company listed on the Dubai Financial Market, says that its net profit in the first six months of 2013 has surged by 116 percent compared with the similar period last year.
The company reported a net profit of AED370 million in the six-month period ending June 30, compared with AED 171 million in the first half of 2012. Consolidated total income for the first half of 2013 was higher at AED1.29 billion, as against AED 1.12 billion in the same period last year.
The company also announced that its total assets until June 30, 2013 stood at AED12.58 billion, while net worth increased to AED8.6 billion. The annualized return on share capital achieved for the period was 20.7 percent, with 9 percent for the entire 2012."
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