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FINANCIAL NEWS
Dubai’s ITL-Cosmos expects 20% profit growth
20 Oct 2011
(MENAFN) ITL-Cosmos, a Dubai-based conglomerate said it hopes for a 20 percent rise in profits this year, Arabian Business reported.
Ram Buxani, the group’s president said that increased online competition has hurt the company’s electronics business this year but rising profits in other sector have compensated for the decline.
ITL-Cosmos has more than 500 dealers across the Gulf, and operations in India, and its product portfolio includes global brands Sharp, Fujitsu and TDK.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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