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Finance House PJSC (FH)

Last update: 7 July 2023 02:55 PM market time.
0.00
0.22
11.52%
Open 2.13
Previous Close 1.91
High 2.13
Low 2.13
Stock Statistics
Volume 4,400
Turnover 9,372.00
All data are 15 minutes late during market session

News

The ratings are driven by a strong capital base
21 November 2021 01:55 PM Capital Intelligence affirms Finance House's ratings; outlook stable
Abu Dhabi – Mubasher: Capital Intelligence (CI) has affirmed Finance House's short-term and long-term foreign currency rating (STFCR) at 'A3' and 'BBB-', with a stable outlook. The ratings are driven by a strong capital base and satisfactory …
The company's net operating income declined to AED 139.184 million
4 November 2021 04:38 PM Finance House reports lower profits in 9M
Abu Dhabi – Mubasher: The net profits attributable to the equity holders of Finance House decreased to AED 14.155 million in the first nine months of 2021 from AED 16.231 million in the same period of 2020, according to the company's consolidated …
The company's net operating income reduced to AED 52.776m
18 June 2020 09:32 AM Finance House incurs AED 595,000 net loss in Q1-20
Abu Dhabi – Mubasher: Finance House logged AED 595,000 net losses attributable to the equity holders of the parent company during the first quarter (Q1) of 2020, against net profits of AED 12.622 million during the year-ago period. The company's …
The cash dividend distribution settled at 1.91 fils per share
23 April 2020 11:12 AM Finance House' OGM nods to 1.91% cash dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Finance House has approved the board's proposal to pay out 1.91% cash dividends for fiscal year (FY) 2019. The cash dividend distribution will be at 1.91 fils per share, amounting to AED …
The distribution of cash dividends stands at 1.91 fils per share
2 April 2020 09:54 AM Finance House's board proposes 2% dividends for 2019
Abu Dhabi – Mubasher: The board of Finance House has recommended distributing 1.91% of the capital as cash dividends for fiscal year 2019. The distribution of cash dividends stands at 1.91 fils per share, amounting to AED 5.776 million, according …
The company’s net operating income increased to AED 227.816m
17 February 2020 04:41 PM Finance House logs AED 22m net profits in 2019
Abu Dhabi – Mubasher: The net profits of Finance House reached AED 22.445 million in 2019, up from AED 17.840 million in 2018, according to the company’s consolidated financial statements for 2019. The company’s net operating income increased to …
The ratings indicate the company’s strong capital base
19 January 2020 05:26 PM CI retains Finance House credit ratings; outlook ‘Stable’
Abu Dhabi – Mubasher: Finance House, an Abu Dhabi-headquartered finance company, announced that Capital Intelligence (CI) has maintained its reaffirmed short term and long-term credit ratings at ‘A3’ and ‘BBB’, respectively, with a ‘Stable’ …
Net profit amounted to AED 26.08 million during the first nine months of 2019
7 November 2019 10:34 AM Finance House profit rises 3.4% in 9M
Abu Dhabi – Mubasher: Finance House posted a 3.4% increase in net profit to AED 26.08 million during the first nine months of 2019, compared to AED 25.22 million in the same period in 2018. Net operating income for the first nine months of the was …
The company’s net profits rose to AED 21.87 million
31 July 2019 11:24 AM Finance House’s consolidated profit grows 7% in H1
Abu Dhabi – Mubasher: Finance House reported a 7.4% year-on-year increase in its net profits during the first half of 2019, according to the company’s consolidated interim financial statements. The company’s net profits rose to AED 21.87 million …
Net operating revenues by Finance House fell by 5% in Q1-19
2 May 2019 10:58 AM Finance House posts AED 12.6m profit in Q1
Abu Dhabi – Mubasher: Finance House registered a decrease of 33% in net profits during the first three months of 2019 compared to the same period last year. The company’s net profit shrank to AED 12.6 million in Q1-19 from AED 18.8 million in …
FH’s capital stands at AED 310.05 million
30 April 2019 11:34 AM Finance House’s board approves 2.9% dividends for FY18
Abu Dhabi – Mubasher: The general assembly of Finance House (FH) approved distributing a 2.9% cash dividend of the company’s capital to its shareholders for the year ended 31 December 2018. FH will pay total dividends of AED 8.87 million at 2.93 …
The decline in the company’s net profits was attributed to the 54% increase in its impairment provisions
5 November 2018 01:32 PM Finance House posts AED 20.5m profit in 9M
Abu Dhabi – Mubasher: Finance House, listed on the Abu Dhabi Securities Exchange (ADX), posted a 48% fall in net profit for the first nine months period of 2018 to reach AED 20.5 million compared to a profit of AED 39.1 million last year. The …
“We have exerted our efforts to the maximum"
8 August 2018 00:23 PM Finance House receives Excellent rating
Abu Dhabi – Mubasher: Finance House Securities (FHS) has received an Excellent rating from the Dubai Financial Markets (DFM) for the second quarter in the year 2018, according to a company statement. The DFM’s Dubai Service Excellence Scheme …
Net profit amounted to AED 20.4 million in the six-month period ended June
1 August 2018 10:33 AM Finance House profit falls 37% in H1
Abu Dhabi – Mubasher: Finance House, listed on the Abu Dhabi Securities Market (ADX), on Wednesday reported a 37% year-on-year drop in its net profit for the first half of 2018. Net profit amounted to AED 20.4 million in the six-month period ended …
Abdul Hamid Taylor among top 50 Indian Executives
21 May 2018 02:59 PM Finance House's Abdul Hamid Taylor among Forbes’ top 50 Indian executives list
Abu Dhabi – Mubasher: Abdul Hamid Taylor, general manager of Abu Dhabi-based Finance House, came among Forbes’ list of “Top 50 Indian Executives in The Arab World 2018”. “Success can be attributed to many factors. Among them; honesty, sincerity, …
Total assets reached AED 4.3 billion in the first three months of 2018
7 May 2018 00:48 PM Finance House net profit tumbles 25% in Q1
Abu Dhabi – Mubasher: Finance House’s net profit dropped 25% in the first quarter of 2018. The Abu Dhabi-listed company’s net profit plunged to AED 18.8 million in Q1-18 versus AED 25.2 million in the year-ago period, according to a company …
Distributions will register a total value of AED 15.5 million for 2017
1 March 2018 04:36 PM Finance House recommends 5% dividends for 2017
Abu Dhabi – Mubasher: Finance House’s board has recommended a cash dividend to shareholders at 5% of capital and amounting to 5 fils per share for 2017. Distributions will register a total value of AED 15.5 million for the year, Finance House said …
The company’s operating profit dropped 18%
13 February 2018 11:12 AM Finance House posts AED 34.3m net profit in 12M
Abu Dhabi – Mubasher: Finance House on Tuesday reported a 15% decline in net profit during 2017, registering AED 34.3 million, compared to AED 40.3 million a year earlier. The company’s operating profit dropped 18% to AED 296.1 million in the last …
Insurance House will buy the real property for AED 40 million
24 December 2017 10:42 AM Insurance House to buy 51.9% stake in Finance House’s property
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX)-listed company Insurance House on Sunday said that its board of directors will consider the approval of purchasing a 51.9% stake in a property owned by Finance House in Abu Dhabi.  The …
Photo Archive
22 November 2017 07:09 PM FH to participate in ADNOC’s new IPO
Abu Dhabi - Mubasher: Finance House announced on Wednesday its participation as a ‘Receiving Bank’ in the Initial Public Offering (IPO) of Abu Dhabi National Oil Company's distrbution unit (ADNOC Distribution). The company’s chairman, Mohammed …
Photo Archive
6 November 2017 01:51 AM FH profits drop on higher expenses in Q3
Abu Dhabi - Mubasher: Finance House (FH) on Sunday posted its financial statements which revealed a 0.9% fall in its profits for the third quarter of 2017, compared to the same period last year. FH’s profits reached AED 6.15 million ($1.67 …
The company’s operating revenues shrank by 11% in Q2-17
1 August 2017 09:28 AM Finance House Q2 profits fall 10%
Abu Dhabi – Mubasher: Finance House reported a decline of 9.8% during the second quarter of 2017 compared to the same period a year ago. Earnings shrank to AED 5.51 million ($1.49 million) in Q2-17 from AED 6.11 million ($1.66 million) in Q2-16, …
Finance House's headquarter (Photo Credit: Company Website)
4 May 2017 08:16 AM Finance House sees lower profits in Q1
Abu Dhabi – Mubasher: Finance House (FH) posted a 1.8% year-on-year decline in its profits during the first quarter of 2017, according to a bourse statement. Profits reached AED 25.07 million ($6.82 million) in Q1-17, compared to AED 25.54 million …
The maturity date will be on 19 March (Photo Credit: Arabianeye-Reuters)
12 March 2017 08:43 AM Finance House OGM nods to FY16 dividend payout
Mubasher: Finance House’s ordinary general meeting (OGM) on Thursday approved the dividend distribution proposed for fiscal year 2016. The shareholders agreed on paying 6 fils per share, with a total value of AED 18.6 million, according to a …
Finance House Group saw a steady growth in the asset book last year - (Photo Credit: Company Website)
13 February 2017 05:29 PM Finance House income up 43% in 2016
Abu Dhabi - Mubasher: Finance House Group (FH) posted an increase in total comprehensive income by 50% in 2016 to AED 65 million compared to AED 43.35 million achieved in 2015, according to a press release. On the back of a steady growth in the …