ADNOC Distribution posted a 7.8 per cent year-on-year increase in EBITDA, totalling Dhs881m
The lender’s quarterly group net profit, equalling Dhs5.1bn, rose 107 per cent year-on-year from Dhs2.5bn recorded in Q1 2021
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
Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent
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
Total income increased 3 per cent year-on-year to Dhs6.4bn
This has brought the total annual dividend to Dhs0.8 per share
The bank’s shareholders also elected a new board of directors
Revenue totalled $6.9bn in 2021, compared to $5.1bn in 2020
During 2021, its aggregate subscriber base reached 159 million
Its 2021 revenue stood at $7.697bn, posting an increase of 57 per cent compared to the previous year
The bank’s revenue increased 4 per cent to Dhs5.56bn
Its total assets exceeded Dhs 1 trillion, marking a 9 per cent year-on-year increase
The bank’s total assets equalled Dhs279.1bn
NBF posted operating profit of Dhs955.6m in 2021, an increase of 6.8 per cent compared to Dhs894.6m in 2020
The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn
It recorded a net profit of Dhs529m for the third quarter of 2021
Operating income growth of 2.1 per cent was recorded for the nine month period ended September 30, 2021
Aramco’s gearing fell to 19.4 per cent from 23 per cent at the end of 2020
Total income declined 9 per cent year-on-year to Dhs11.54bn
The board of directors approved an interim dividend of Dhs0.10 per share
Its revenue increased 3.3 per cent to Dhs1.33bn
Revenue rose 24 per cent year-on-year to SAR37.5bn and 14 per cent from the previous quarter
Its total assets reached Dhs39.1bn compared to Dhs39.9bn at 2020 year-end and Dhs43.3bn as at March 31, 2020
The bank’s operating profit dipped 12 per cent y-o-y to Dhs319m
Its revenues also pared to Dhs5.35bn in 2020
During the year 2020, ADNOC Distribution opened 64 new stations
Emaar now has a total sales backlog of Dhs36.677bn, of which Dhs24.738bn is in the UAE
The decline was attributed to a substantial increase in impairment provisions and lower operating profit
Total income of Dhs23.2bn improved 4 per cent year-on-year