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Dubai / WAM
Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED350 million for the quarter ending September 30th, 2017, an increase of 4.8 percent over the AED334 million achieved during the same quarter last year.
The company’s net profit for the first nine months of 2017 was AED830 million, compared to AED850 million for the same period in 2016. Total income during the period was AED2.03 billion, while total assets reached AED16.73 billion as of the end of Q3 2017. As of September 30th, 2017, Dubai Investments generated annualised return on equity of 9.47 percent. Earnings per share was AED0.20 for the period.