DFM Company recorded a net profit of Dhs1.412bn for 2007, compared to Dhs797m for 2006, achieving a 76 per cent increase.
Due to the increase in the company's profits, the earnings per share of DFM Company has reached Dhs0.18 for 2007.
The management of DFM announced that this preliminary disclosure comes in line with the requirements of the Emirates Securities and Commodities Authority (ESCA).
The management said that the final audited financial results will be announced later.
Dubai Financial Market's preliminary annual net profit reaches Dhs1.4bn for 2007
Dubai Financial Market Company (DFM Company) today announced its preliminary financial results for the year ending 31 December 2007, during DFM's board meeting that was held on Sunday January 13, 2008.
- United Arab Emirates: Sunday, January 13 - 2008 at 16:12
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About Dubai Financial MarketDubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.
For further information, please contact:
Tarek Fleihan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Posted by Lara Lynn Golden, News EditorSunday, January 13 - 2008 at 16:12 UAE local time (GMT+4)
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Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
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