Dubai Financial Market | Amanat Holdings | Amanat Holdings records 43% growth in Net Profit in Q1 2019​

 

Amanat Holdings records 43% growth in Net Profit in Q1 2019

 Net Profit in Q1 2019 stood at AED 20.7 million, a 43% increase compared to Q1 2018 as benefits of the AED1.2 Billion deployed in 4 portfolio companies show through. Excluding the Royal Hospital for Women & Children which was only recently opened and still ramping up, Amanat would have recorded an 56% growth in its Net Profit in Q1 2019 compared to Q1 2018.

 Income from investments in associates and subsidiaries rose by 127% YOY to reach AED 30.2 million in Q1 2019.

 Amanat is well placed for continued growth driven by its investments in healthcare and education companies.

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 4,782.48 1.05 124,618,588
Dubai 2,539.24 1.04 130,779,137
Saudi 8,609.35 1.66 2,916,067,388
Kuwait 6,058.34 0.85 24,398,932
Qatar 9,700.77 2 404,659,980
Muscat 3,842.47 0.06 526,454
Bahrain 1,409.43 0.93 1,019,661
Egypt 13,614.21 1.75 440,073,803
Amman 1,816.37 0.77 2,747,038
Palestine 524.71 0.03 349,275

Commodities

Name Last update Closing Price Change %
Brent May-21 72.18 0.29
Natural Gas May-21 2.61 2.24
Gold May-21 1,273.20 0.06
Silver May-21 14.41 0.17
Platinum May-21 815.40 0.17
Nymex Light May-21 62.99 0.17

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 25,782.30 25,877.33 0.77
Nasdaq 7,765.57 7,785.72 1.08
S&P 500 2,854.02 2,864.36 0.85
Name Opening price Closing Price Change%
Frankfurt 12,111.80 12,143.47 0.85
Paris 5,373.01 5,385.46 0.5
London 7,310.88 7,328.92 0.25
Stockholm 601.84 604.20 0.87
Switzerland 9,621.02 9,624.16 0.44
Name Opening price Closing Price Change%
Shanghai 2,905.52 2,903.64 0.08
Hong Kong 27,753.54 27,752.23 0.34
Jakarta 5,948.38 5,951.37 0
Tokyo 21,373.52 21,350.69 0.37

Currency

Name Rate Last update
EURO/USD 1.117 May-22
GBP/USD 1.272 May-22
USD/JPY 110.545 May-22
USD/CHF 1.011 May-22