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Al Firdous Holding suffers lower losses in FY23/24

Al Firdous Holding suffers lower losses in FY23/24
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Al Firdous
ALFIRDOUS
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Dubai – Mubasher: Al Firdous Holding incurred net losses valued at AED 526,339 in fiscal year (FY) 2023/2024, lower year-on-year (YoY) than AED 930,020.

Loss per share hit AED 0.0009 in FY23/34, compared to AED 0.0015 in FY22/23, according to the unaudited financial results.

Total assets edged down to AED 622.82 million as of 31 March 2024 from AED 622.83 million in the year-ago period.

In the nine-month period that ended on 31 December 2023, Al Firdous Holding reported lower net losses at AED 428,329 when compared to AED 712,620 in 9M-23/24.