Revealed Dubai Financial Market Company PJSC M. P. Today, in a statement, Namazoun obtained a copy of it, for its financial results for the first quarter of the current year ending March 31, 2019, as it achieved a net profit of 28.1 million dirhams, a decrease of 43% compared to the profits for the same period of 2018 amounting to 48.9 million dirhams. < / p>
The company's total revenue decreased by 21% to 77.9 million dirhams during the first quarter of 2019, compared to revenues of 99.1 million dirhams during the first quarter of 2018.
Revenue was distributed by 39.5 million dirhams from operating operations and 38.4 million dirhams from investments. Operating expenses amounted to 49.8 million dirhams, compared to 50.2 million dirhams in the first quarter of 2018.
It should be noted that the value of trading in the Dubai Financial Market decreased by 41.4% during the first quarter of this year to reach 11.9 billion dirhams compared to 20.4 billion dirhams in the same period last year.
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