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

Attached document
 

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.

View More News Back

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,042.28 0.01 823,770,213
Dubai 4,232.94 0.03 325,821,692
Saudi 12,565.89 0.33 10,538,287,961
Kuwait 7,663.14 0.55 36,733,650
Qatar 9,943.61 0.14 468,363,576
Muscat 4,673.13 0.8 3,299,061
Bahrain 2,055.96 0.6 880,206
Egypt 27,559.35 2.36 1,817,550,644
Amman 2,457.97 0.56 3,690,622
Palestine 542.99 0.03 312,031

Commodities

Name Last update Closing Price Change %
Brent Mar-28 87.48 1.61
Natural Gas Mar-28 1.76 2.62
Gold Mar-28 2,238.40 1.16
Silver Mar-28 24.92 0.66
Platinum Mar-28 921.10 1.25
Nymex Light Mar-28 83.17 2.24

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 39,763.70 39,807.37 0.12
Nasdaq 16,446.80 16,379.46 0.12
S&P 500 5,248.03 5,254.35 0.11
Name Opening price Closing Price Change%
Frankfurt 18,477.40 18,492.49 0.08
Paris 8,216.77 8,205.81 0.01
London 7,931.98 7,952.62 0.26
Stockholm 969.74 963.34 0.81
Switzerland 11,732.83 11,730.43 0.21
Name Opening price Closing Price Change%
Shanghai 2,988.59 3,010.66 0.59
Hong Kong 16,378.40 16,541.42 0.91
Jakarta 7,289.22 7,288.81 0.29
Tokyo 40,324.42 40,168.07 1.46

Currency

Name Rate Last update
EURO/USD 1.079 Mar-28
GBP/USD 1.262 Mar-28
USD/JPY 151.390 Mar-28
USD/CHF 0.902 Mar-28