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Reem Investments announces interim consolidated financial results for H1

Reem Investments announces interim consolidated financial results for H1
Profit and total comprehensive income for H1-19 amounted to AED 211.27 million
Reem Investments
REEM
2.12% 25.02 0.52

Abu Dhabi – Mubasher: Reem Investments, listed on the Abu Dhabi Securities Exchange (ADX), has reported its interim consolidated financial results for the first half of 2019.

The company’s profit and total comprehensive income for H1-19 amounted to AED 211.27 million, compared to AED 248.72 million in the year-ago period, according to a bourse filing.

Basic and diluted earnings per share stood at AED 2.72 during the six-month period ended 30 June 2019, versus AED 3.20 in the prior-year period.

Total assets grew to AED 5.94 billion as at 30 June 2019, compared to AED 5.80 billion as at 31 December 2018.