Dubai Investments PJSC net profit surges to Dhs805 million |

Dubai Investments PJSC net profit surges to Dhs805 million |:



"Dubai Investments PJSC [DI], the leading investment company listed on the Dubai Financial Market [DFM], announced that its net profit for the first six months of 2014 has surged to Dhs805 million, an increase of 118% compared to a net profit of Dhs370 million for the similar period last year.



Announcing its financial results for the six-month period ended June 30, 2014, DI reported a consolidated total income Dhs1.8 billion in the first half of 2014, as against Dhs1.3 billion for the comparable period last year. Total assets as on June 30, 2014 stood at Dhs13.5 billion, while net worth increased to Dhs9.6 billion.



The annualized return on share capital achieved for the period was also higher at 42.1%, compared to 21.5% for the full year of 2013."



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