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FINANCIAL NEWS
Emeriti Shuaa logs USD7.7m net loss over Q3
16 Nov 2015
(MENAFN) Financial results from Dubai’s Shuaa Capital showed that incomes and net loss were between USD 9,34mn and USD 7.79mn, compared to an income of USD 0.49mn and a gross profit of USD 7.1mn in 2014.
Accordingly, the gross loss was USD 7.76mn compared to a profit of USD 11.1 mn in last year’s corresponding period, plus overall incomes for the mentioned period touched USD 37.6mn.
During the 3rd quarter, hard market conditions created an unstable operating environment, despite that there were a number of great highlights that can be assumed from financial performance.
More News
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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