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 4,170.71 0.7 198,070,313
Dubai 1,973.72 1.47 183,037,552
Saudi 7,288.81 1.05 6,667,249,601
Kuwait 5,438.43 0.26 21,494,314
Qatar 9,019.68 1.98 471,520,281
Muscat 3,534.91 0.27 831,452
Bahrain 1,269.86 0.02 905,481
Egypt 10,227.38 0.07 546,770,359
Amman 1,676.81 2.04 3,537,558
Palestine 473.62 0.4 235,714

Commodities

Name Last update Closing Price Change %
Brent Jun-01 38.32 2.05
Natural Gas Jun-01 1.77 0.45
Gold Jun-01 1,750.30 0.23
Silver Jun-01 18.83 0.2
Platinum Jun-01 846.84 0.1
Nymex Light Jun-01 35.44 0.2

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 25,342.99 25,475.02 0.36
Nasdaq 9,471.42 9,552.05 0.66
S&P 500 3,038.78 3,055.73 0.38
Name Opening price Closing Price Change%
Frankfurt 11,649.37 11,586.85 1.65
Paris 4,776.72 4,762.78 1.43
London 6,076.60 6,166.42 1.48
Stockholm 639.21 639.87 1.1
Switzerland 9,918.50 9,831.49 0.95
Name Opening price Closing Price Change%
Shanghai 2,871.96 2,915.43 2.21
Hong Kong 23,539.91 23,732.52 3.36
Jakarta 4,716.19 4,753.61 0.79
Tokyo 22,175.52 22,182.97 0.55

Currency

Name Rate Last update
EURO/USD 1.114 Jun-02
GBP/USD 1.251 Jun-02
USD/JPY 107.569 Jun-02
USD/CHF 0.960 Jun-02