Monday, 23 July 2018

Dubai Financial Market posts net profit during H1 2018 | ZAWYA MENA Edition

Dubai Financial Market posts net profit during H1 2018 | ZAWYA MENA Edition:

The Dubai Financial Market, DFM, on Monday announced its financial results for the first half of the year ending 30th June, 2018, recording a net profit of AED82.8 million, compared to AED145.6 million during the corresponding period of 2017, representing a 43 percent decrease, while the net profit for the second quarter of 2018 reached AED33.9 million, a 22 percent decrease compared to the Q2-2017 level of AED43.3 million.

The company recorded a total revenue of AED182.4 million in H1 2018 compared to AED239.3 million during H1 2017. The revenue comprised AED113.8 million of operating income and AED68.6 million of investment returns.

The company expenses reached AED99.6 million compared to AED93.7 million recorded during H1 2017.

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