Wednesday 1 February 2023

DFM's profits to equity holders jumps 42% in 2022; dividends proposed

DFM's profits to equity holders jumps 42% in 2022; dividends proposed

Dubai Financial Market Company (DFM) generated AED 147.11 million net profits attributable to shareholders in 2022, higher by 41.70% than AED 103.84 million a year earlier.

DFM recorded an annual growth of 19% in total revenue to AED 351.20 million during the January-December 2022 period, versus AED 294.60 million, according to the consolidated income statements

Furthermore, the basic earnings per share (EPS) jumped to AED 0.018 last year from AED 0.013 in 2021.

Total assets plummeted to AED 9.49 billion as of 31 December 2022 from AED 9.93 billion in 2021.

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