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Abu Dhabi National Hotels sees Dhs932m revenues in H1

Abu Dhabi National Hotels (ADNH) has said its operating revenues reached Dhs932m in the first half of the year ending June 30, 2012, Gulf News has reported. Net profit stood at Dhs137.02m, while the company's total assets amounted to Dhs10.41bn, the firm said. The hotel division, which comprises both internationally branded owned hotels as well as ADNH's Abu Dhabi-based brand, Al Diar, accounted for Dhs350.83m in total revenue, while the company's catering and contract services business reported Dhs386.07m in revenue.