Dubai – Mubasher: Amanat Holdings, listed on the Dubai Financial Market (DFM), on Wednesday posted a net profit of AED 26.29 million for the first nine months of 2018, compared to AED 42.31 million in the year-ago period.

The company’s total income amounted to AED 37.23 million in the period between January and September of this year, versus AED 52.054 million in the prior-year period, according to a statement.

In the third quarter of 2018, the company suffered a loss of AED 3.41 million, against AED15.45 million in profits in Q3-17.

Earnings per share (EPS) stood at AED 0.0097 in Q3-18, versus AED 0.0160 in the same quarter last year.

Amanat Holdings previously reported a 12% year-on-year increase in its profits for the first half of 2018, recording AED 27.9 million, helped by the company’s investments.

Total revenue witnessed a 7.4% year-on-year growth to AED 51.9 million in the six-month period ended 30 June.