DFM achieves 100 percent compliance in Q1

DUBAI / WAM

Dubai Financial Market (DFM) announced on Tuesday that its UAE listed companies have showed a 100 percent compliance to disclose their Q1- 2017 results within the deadline of 45 days from the end of the quarter. Forty-seven UAE public joint stock companies listed on DFM successfully disclosed their quarterly results, with the exception of Al Firdous as its financial year-ends on 31 March, a DFM press release said. Meanwhile, DFM suspended trading on two dually-listed companies, which missed the deadline to provide the exchange with full and reviewed financial statements as per the UAE Securities and commodities Authority (SCA) and DFM requirements, namely; Al Madina for Finance and Investment and Agility the Public Warehousing Company.

Leave a Reply

Send this to a friend