#net profit

Qatar Airways

Qatar Airways Group reports highest net profit in 25-year history

The group recorded a net profit of $1.54bn during the fiscal year 2021/22

Investment Corporation of Dubai

Investment Corporation of Dubai reports Dhs10.1bn in net profit for 2021

Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year

Julphar

UAE’s Julphar records Dhs1.9m in net profit for Q1 2022

Julphar recently announced its 2030 growth strategy

Emaar Properties

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn

Air Arabia

Air Arabia reports Dhs291m in net profit for Q1 2022

More than 2.4 million passengers flew with Air Arabia between January and March 2022, across the carrier’s five hubs

Agthia Group

UAE’s Agthia Group posts 64% year-on-year rise in net profit for Q1 2022

Agthia’s quarterly net revenues surpassed Dhs1bn for the first time since inception

ADNOC Distribution

Abu Dhabi’s ADNOC Distribution reports Dhs671m in net profit for Q1 2022

ADNOC Distribution posted a 7.8 per cent year-on-year increase in EBITDA, totalling Dhs881m

Q1 2022: First Abu Dhabi Bank reports highest ever quarterly net profit

The lender’s quarterly group net profit, equalling Dhs5.1bn, rose 107 per cent year-on-year from Dhs2.5bn recorded in Q1 2021

Dubai Islamic Bank

Dubai Islamic Bank posts 58% rise in net profit for Q1 2022

The bank’s total income reached Dhs3.01bn, recording growth of 6 per cent year-on-year compared to Dhs2.84bn achieved in Q1 2021

Aldar

UAE’s Aldar reports Dhs688m net profit in Q1 2022

Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent

National Bank of Fujairah

National Bank of Fujairah posts 43.7% rise in net profit for Q1 2022

The bank’s operating income for Q1 2022 reached Dhs412.8m, up 14.6 per cent compared to compared to Dhs360.2m recorded during a year-earlier period

Emirates NBD

Dubai’s Emirates NBD reports 18% rise in net profit for Q1 2022

Total income increased 3 per cent year-on-year to Dhs6.4bn

UAE’s e& approves dividend of 40 fils per share for H2 2021

This has brought the total annual dividend to Dhs0.8 per share

Abu Dhabi Islamic Bank approves cash dividend equalling 48.5% of net profit for 2021

The bank’s shareholders also elected a new board of directors

Emirates Global Aluminium reports $1.5bn in net profit for 2021

Revenue totalled $6.9bn in 2021, compared to $5.1bn in 2020

UAE’s e& reports 3.2% rise in consolidated net profit for 2021

During 2021, its aggregate subscriber base reached 159 million

Dubai’s Emaar Properties posts 80% rise in net profit for 2021

Its 2021 revenue stood at $7.697bn, posting an increase of 57 per cent compared to the previous year

Abu Dhabi Islamic Bank posts 45% rise in net profit for 2021

The bank’s revenue increased 4 per cent to Dhs5.56bn

First Abu Dhabi Bank reports 19% rise in group net profit for 2021

Its total assets exceeded Dhs 1 trillion, marking a 9 per cent year-on-year increase

Dubai Islamic Bank posts 39% rise in net profit for 2021

The bank’s total assets equalled Dhs279.1bn

UAE’s National Bank of Fujairah reports 124.2% rise in net profit for 2021

NBF posted operating profit of Dhs955.6m in 2021, an increase of 6.8 per cent compared to Dhs894.6m in 2020

UAE’s Mashreq posts 24.7% dip in net profit for first nine months of 2021

The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn

Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021

It recorded a net profit of Dhs529m for the third quarter of 2021

National Bank of Fujairah reports 36.4% increase in net profit for first nine months of 2021

Operating income growth of 2.1 per cent was recorded for the nine month period ended September 30, 2021

Saudi Aramco

Saudi Aramco reports $25.5bn net income in Q2 2021

Aramco’s gearing fell to 19.4 per cent from 23 per cent at the end of 2020

Emirates NBD

Dubai’s Emirates NBD reports 17% year-on-year rise in net profit for H1 2021

Total income declined 9 per cent year-on-year to Dhs11.54bn

UAE telecom operator du reports 11.4% increase in net profit for Q2 2021

The board of directors approved an interim dividend of Dhs0.10 per share

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank posts 125% rise in Q1 net profit

Its revenue increased 3.3 per cent to Dhs1.33bn

Chemicals maker Sabic’s profit surges as economies reopen

Revenue rose 24 per cent year-on-year to SAR37.5bn and 14 per cent from the previous quarter

National Bank of Fujairah reports 44.3% year-on-year dip in Q1 net profit

Its total assets reached Dhs39.1bn compared to Dhs39.9bn at 2020 year-end and Dhs43.3bn as at March 31, 2020