Abu Dhabi – Mubasher: Profits increased Ras Al Khaimah Real Estate Company Listed on the Abu Dhabi Securities Market, before the end of the first half of this year, at a rate of 1 percent annually.
The company explained in a recent disclosure to the stock exchange that it received a net profit of 89 million dirhams in the first half of the year 2024, compared to a net profit of 88 million dirhams in the corresponding period of 2023.
The company’s revenue in the first half of this year reached 610 million dirhams, a growth of 19 percent, compared to 512 million dirhams in the corresponding period last year..
The company’s profits in the first half before taxes came to 98 million dirhams, and the company’s total assets reached 7.79 billion dirhams, compared to 6.46 billion dirhams.
It is known as profits Ras Al Khaimah Real Estate Companylisted on the Abu Dhabi Securities Market, in the first quarter of 2024 with 7 percent annually..
The company achieved a profit in the first three months of 2024 of 41.4 million dirhams, compared to profits of 44.6 million dirhams in the same period in 2023..
A company release mentioned the decline in profits due to recording an income tax expense of 4.1 million dirhams in the first quarter of 2024, compared to nothing in the same period of the previous year..
To trade and invest in the Gulf stock exchanges, click here
Follow the latest stock and economic news through our Telegram channel
Nominations:
2024-08-08 05:25:35
#Ras #Khaimah #Properties #halfterm #profits #rise #million #dirhams
