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 5,218.13 2.7 416,289,376
Dubai 2,762.98 1.73 351,777,407
Saudi 9,033.83 0.46 3,558,389,441
Kuwait 6,746.74 0.33 16,067,057
Qatar 10,503.10 1.04 131,267,485
Muscat 3,747.69 0.01 2,043,120
Bahrain 1,537.78 0.06 529,071
Egypt 13,670.27 0.21 397,831,644
Amman 1,879.68 0.07 4,204,440
Palestine 525.18 0.36 124,798

Commodities

Name Last update Closing Price Change %
Brent Jul-19 62.47 0.87
Natural Gas Jul-19 2.25 1.57
Gold Jul-19 1,426.70 0.1
Silver Jul-19 16.20 0.02
Platinum Jul-19 852.10 0.26
Nymex Light Jul-19 55.63 0.6

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 27,246.38 27,154.20 0.25
Nasdaq 8,241.34 8,146.49 0.74
S&P 500 3,004.26 2,976.61 0.62
Name Opening price Closing Price Change%
Frankfurt 12,302.64 12,260.07 0.26
Paris 5,580.99 5,552.34 0.03
London 7,493.09 7,508.70 0.21
Stockholm 610.10 615.80 1.31
Switzerland 10,042.05 9,937.03 0.73
Name Opening price Closing Price Change%
Shanghai 2,909.68 2,924.20 0.79
Hong Kong 28,585.15 28,765.40 1.07
Jakarta 6,417.44 6,456.54 0.83
Tokyo 21,146.50 21,466.99 2

Currency

Name Rate Last update
EURO/USD 1.122 Jul-19
GBP/USD 1.251 Jul-19
USD/JPY 107.744 Jul-19
USD/CHF 0.982 Jul-19