FINANCIAL NEWS

Conglomerate Dubai Investments net profit increase more than double

04 Aug 2013

(MENAFN) Conglomerate Dubai Investment asserted on Thursday that its net profit more than doubled in the second quarter of this year, according to Arabian Business.

The company posted a second-quarter net profit of USD43.2 million, compared with a profit of USD17.3 million in the same period of 2012.

The company said its planned USD300 million sukuk issue is in progress and will be in the market in the coming quarter.

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