Amlak Finance registers net profit of Dh59 million in 2014 | GulfNews.com

Amlak Finance registers net profit of Dh59 million in 2014 | GulfNews.com:



"Amlak Finance, the Sharia-compliant mortgage lender, said on Wednesday it recorded a net profit attributable to its equity holders of Dh59 million in 2014 after completion of restructuring process in November as it disclosed the results for the first time in six years.



The company recorded a net profit attributable to equity holders of Dh240 million in 2008.



“The year 2014 was a significant turning point for Amlak Finance. Firstly, we achieved profits for our shareholders, marking a positive turnaround in our business,” said Ali Ebrahim Mohammad, Vice-Chairman of Amlak Finance, in a statement."



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