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UMM AL QAIWAIN GENERAL INVESTMENTS COMPANY P.S.C.

(QIC)
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Umm Al Qaiwain General Investments Company P.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2021

05/09/2021 | 12:14am EDT

Umm Al Qaiwain General Investments Company P.S.C. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was AED 5.523 million compared to negative total revenue of AED 15.408 million a year ago. Net income was AED 4.396 million compared to net loss of AED 16.461 million a year ago. Basic earnings per share from continuing operations was AED 0.012 compared to basic loss per share from continuing operations of AED 0.045 a year ago.


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Financials
Sales 2020 25,0 M 6,81 M 6,81 M
Net income 2020 19,1 M 5,21 M 5,21 M
Net cash 2020 79,7 M 21,7 M 21,7 M
P/E ratio 2020 1,42x
Yield 2020 66,7%
Capitalization 358 M 97,4 M 97,5 M
EV / Sales 2019 7,10x
EV / Sales 2020 9,91x
Nbr of Employees 102
Free-Float 81,9%
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Managers and Directors
Mohammad Salem Abdullah Salem Al-Hosani MD & Non-Independent Executive Director
Ashraf Rady Ibrahim Chief Financial Officer
Salem Abdulla Salem Al-Hosani Chairman
Ahmed Sultan Essa Al-Jaber Deputy Chairman
Fahad Abdulrahman Saud Al-Mukhaizim Independent Non-Executive Director