Shuaa Capital net profit jumps six-fold to Dh26.2m in third quarter | The National:
"Dubai’s Shuaa Capital has reported a six-fold increase in net profit for the three months to September, its best quarterly performance for five years.
The financial services provider reported preliminary net profit of Dh26.2 million for the quarter, compared with Dh3.6m in the same period last year. Net income for the year to date stood at Dh40.7m, compared with a loss of Dh1m last year.
The company’s shares were up 5.94 per cent at Dh1.07, while the broader Dubai market was up 0.22 per cent in late morning trade."
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