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FINANCIAL NEWS
Dubai-Shuaa Capital records highest H1 profit since 2009
12 Aug 2017
(MENAFN) Shuaa Capital, a pioneering integrated fiscal services firm in the region, proclaimed its highest half-yearly profit since 2009 for the first half of the year.
For the cited period, the company posted a net profit of USD10.02mn, compared to losses in the same period of 2016 of Dh78.3mn.
The company posted a 124 percent increase in net profit for the second quarter of the year, reaching Dh12.1mn.
Furthermore, total revenues in Q2 this year were Dh30.4mn, while total revenues for the first half of the year reached Dh62.2mn.
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MENAFN1208201700450000ID1095722749
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