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.
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