The financial statements of the Dubai Financial Market Company, which manages and supervises the market, showed that the company's profits in the past year increased by 14%, on an annual basis.
The company's profits, according to a press release issued on the market website, amounted to 137.9 million dirhams by the end of 2020, compared to 2019's profits of 120.6 million dirhams.
the company stated that total revenues increased by 7%, to reach 337.2 million dirhams by the end of 2020 compared to 315.8 million dirhams for the year 2019.
Revenues were distributed by 219 million dirhams from operating operations and 118.2 million dirhams from investments and others.
and about the company's results during the fourth quarter of last year, it recorded profits of 17.8 million dirhams, compared to 25.1 million dirhams in the same period in 2019.
>
The board of directors of the Dubai Financial Market Company, during its meeting held yesterday, Tuesday, recommended not to distribute dividends to shareholders for the past fiscal year.
