Dubai Financial Market Announces Earnings Results for the Year 2014; Proposes Cash Dividend for the Year 2014
February 02, 2015 at 10:15 pm EST
The Dubai Financial Market announced earnings results for the year 2014. For the year, the company recorded net profit of AED 759.3 million compared to AED 284.6 million in 2013. Total revenues also rose increased 107% to AED 936.7 million compared to AED 453.1 million in 2013. The total revenue was made up of AED 879.7 million in operational revenues and AED 57 million in investment revenues and others.
The board of company also proposed a cash dividend of 7% of the capital equivalent to AED 560 million.