Media ININ Economy We Trust
Media In / WAM November 5, 2018
Dubai Financial Market Company (DFM) Announced today its financial results for the first nine months of the year ending 30 September 2018, which showed a net profit of AED 103.7 million, a decrease of 40 per cent compared to a profit of AED 173.3 million for the corresponding period of 2017.
Net profit for the third quarter of the year was AED 20.9 million compared to AED 27.7 million in the corresponding period of 2017, a decrease of 25 percent.
The company’s total revenue reached AED 251.9 million during the first nine months of 2018 compared to AED 313.3 million in the same period last year. The revenues were distributed by AED 154.3 million from operating operations and AED 97.6 million from investments. Expenditures at the end of September 2018 amounted to AED 148.2 million compared to AED 140 million during the same period of 2017.
Revenues for the third quarter of the year were AED 69.5 million compared to AED 74 million in the same quarter of 2017. Third quarter expenses were AED 48.6 million compared to AED 46.3 million in the third quarter of 2017.
