Abu Dhabi – Mubasher: Emirates Driving Company’s consolidated net profit after tax inched higher to AED 63.97 million in the first quarter (Q1) of 2024 from AED 63.15 million in the same quarter last year.

Revenues increased to AED 90.14 million in Q1-24 from AED 89.38 million in Q1-23, according to an unaudited interim consolidated financial statement.

The basic and diluted earnings per share (EPS) remained the same at AED 0.06 in the three-month period that ended on 31 March 2024.

In January, Emirates Driving’s shareholders upheld the board’s recommendation to split of share nominal value.