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Dubai Investments logs AED 657.5m net profits in 2019

Dubai Investments logs AED 657.5m net profits in 2019
Revenues reached AED 2.827 billion in 2019
Dubai Investments
DIC
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Dubai – Mubasher: The net profits attributable to the owners of Dubai Investments rose to AED 657.5 million during 2019, compared to AED 651.4 million in 2018, according to the company’s unaudited preliminary results for 2019.

The company’s revenues reached AED 2.827 billion in 2019, down from AED 3.046 billion in the prior year.

Meanwhile, the earnings per share (EPS) remained unchanged, settling at 0.15 fils.

It is noteworthy to mention that during the third quarter of 2019, the company’s profits attributed to the owners dropped to AED 105.491 million, compared to AED 233.290 million during the corresponding period of the earlier year.