97% of Abu Dhabi Securities Exchange companies’ commitment to disclose

Abu Dhabi 15-08-2019 / WAM
Abu Dhabi Securities Exchange (ADX) announces that the disclosure rate of its listed local and foreign public shareholding companies has reached 97% in terms of disclosure of the financial results for the second quarter of this year within the period of legal deadline for disclosure of the results set by 45 days from the end of the period. Finance. The results indicated that 62 local and foreign public shareholding companies in the market are committed to disclose their financial statements.
Comparing the financial statements of the listed companies for the second quarter of 2019 with the same period of 2018 shows that the energy sector recorded an increase in the percentage of profits by 20.41%, followed by the services sector by 18.72%.