The net profit for the period was AED 803 million, which is 48 per cent more than the net profit of AED 544 million for the same period last year. These outstanding results were the product of excellent performances by group entities.
The total income for the second quarter of 2007 (2Q07) is AED 1, 03 billion which is 90% more than the total income of AED 542 million for the second quarter of 2006 (2Q06). The net profit for 2Q07 is AED 364 million which is 25% more than the net profit of AED 292 million for 2Q06.
Total assets as at 30 June 2007 have increased to AED 7.5 billion, a growth of 47 per cent over the total assets of AED 5.1 billion for the same period last year.
Total Shareholders' Equity as at 30 June 2007 has increased to AED 4.2 billion, a growth of 31 per cent over the Total Shareholders' Equity of AED 3.2 billion for the same period last year mainly on account of substantial net profit achieved.
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Dubai Investments reports net profit of AED 803 million for half year ended 30 June 2007
- United Arab Emirates: Monday, July 30 - 2007 at 15:30
- PRESS RELEASE
Dubai Investments PJSC ('DI') reported exceptional results for the half year ended 30 June 2007 ('the Period'), with consolidated total income of AED 1,77 billion which is 77 per cent more than the total income of AED 1 billion for the half year ended 30 June 2006 ('same period last year').
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Posted by Anne-Birte Stensgaard, Senior News EditorMonday, July 30 - 2007 at 15:30 UAE local time (GMT+4)
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