Browse
related articles
Dunia Finance reports Dhs73m in 2012 income
- United Arab Emirates: Monday, March 18 - 2013 at 07:42
UAE-based Dunia Finance, a partnership between Mubadala Development Co, Al Waha Capital, AA Al Moosa Enterprises, and Fullerton Financial Holdings, has said its net profit for 2012 surged from Dhs18m in 2011 to Dhs73m in the year ended December 31, 2012, Gulf News has reported. Net revenues reached Dhs281m, up 37% over the previous year, driven by the company's success in "acquiring new customers, deepening relationships, driving cross-sell and more focused relationships." Total customer numbers increased by 28% in the year, which in turn led to a 36% growth in customer assets, to Dhs757m.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
