DFM reports lower profits in 9M

Dubai – Mubasher: The interim consolidated financials of the Dubai Financial Market Company (DFM) reported AED 38.14 million net profits in the first nine months of 2021, down from AED 120.07 million in the same period of 2020. 

The company generated revenues of AED 183.1 million in the January-September period of 2021, down from AED 271 million in the year-ago period. 

The basic and diluted earnings per share (EPS) stood at AED 0.0048 in the first nine months of 2021, versus AED 0.015 in the corresponding period of the earlier year. 

The Chairman of DFM, Essa Kazim, said: “The DFM has attracted numerous retail and institutional investors alike adding up 3,799 new investors to the market, including 467 institutions, and bringing total number of its investor base to 849,572 investors from 208 nationalities at the end of September 2021.” 

It is noteworthy to mention that during the first half (H1) of 2021, the company’s net profits decreased to AED 38.769 million, compared to AED 78.953 million in the same half of 2020.

Mubasher Contribution Time: 28-Oct-2021 10:59 (GMT)
Mubasher Last Update Time: 28-Oct-2021 10:59 (GMT)