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Al Firdous Holding sees lower losses in H1-22/23

Al Firdous Holding sees lower losses in H1-22/23
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Al Firdous
ALFIRDOUS
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Dubai – Mubasher: The net losses of Al Firdous Holding dropped to AED 488,907 during the first half (H1) of fiscal year (FY) 2022/2023, compared to AED 904,363 in H1 of FY21/22. 

Meanwhile, the loss per share stood at AED 0.0008 in H1-22/23, versus AED 0.0015 during the same period in the previous FY.

During the second quarter (Q2) ended on 30 September 2022, the company’s net losses stood at AED 198,167, a drop from AED 460,916 in the year-ago quarter.

In Q2-22/23, the loss per share plummeted to AED 0.0003 from AED 0.0008 in Q2-21/22.

Total assets amounted to AED 622.97 million as of 30 September 2022, lower than AED 623.27 million as of 31 March this year.