FINANCIAL NEWS

Dubai Investments posts USD76.8m net profit in Q1

30 Apr 2015

(MENAFN) Dubai Investments recorded USD76.8 million net profit in the first quarter of the year, marking an increase from USD72.13 million logged in the same period 2014, Arabian Business reported.

The firm’s entire assets recorded in the first quarter increased to USD3.9 billion, showing an increase from USD3.5 billion recorded year-on-year.

“The company’s real estate and manufacturing businesses have witnessed positive trends, and both the sectors are expected to continue the growth trajectory through the year,” the firm’s chairman said.

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