Waha Capital reports net profit of Dh466.9 million in first nine months of 2015 | GulfNews.com

Waha Capital reports net profit of Dh466.9 million in first nine months of 2015 | GulfNews.com:

"Waha Capital, an investment company based in Abu Dhabi, has reported a net profit of Dh466.9 million for the first nine months of 2015. Earnings were driven by the performance of key portfolio investments AerCap Holdings, Dunia Group and the capital markets division, the company said in a statement.

Net profit for the nine-month period was 31 per cent higher than an adjusted net profit of Dh355.9 million achieved in the first nine months of 2014, after taking out net non-recurring items, primarily the one-off gain that the company recorded last year on its stake in AerCap Holdings.

The nine-months net profit was also 102 per cent higher than the net profit of Dh230.8 million that was recorded in the corresponding nine-month period of 2013."



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