Dubai Financial Market net profits down to $28mln for 2021 | ZAWYA MENA Edition
Dubai Financial Market (DFM) has announced that its profits in 2021 fell to AED 103.8 million ($28 million) from AED 137 million in 2020
In a press release published alongside its Q4 2021 results, the company said its profits had jumped for the fourth quarter of 2021 to AED 65.7 million, up 269 percent on the same quarter in 2020.
The statement said the board had recommended distribution of a three percent cash dividend of AED 240 million to shareholders.
It also highlighted the increased trading value, up 10.2 percent to AED 72.3 billion for the year, while the General Index registered 28.2 percent growth, the highest since 2013.
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