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FY 2023

Amlak 2023 FY net profit plunges 45.6pc to $70.53m

Amlak Finance has seen its 2023 full-year (FY) net profit fall steeply by 45.6% to AED259 million ($70.53 million) compared to FY 2022 net of AED476 million.    Amlak’s revenue for the year 2023 decrea

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Mezzan Holding turns around in FY2023, posts $37.5m net

Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products, has seen its FY2023 make a major turnaround from a net loss of KD2 million in FY2022 to KD11.5 million in FY2023.  

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Mezzan Holding turns around in FY2023, posts $37.5m net

Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products, has seen its FY2023 make a major turnaround from a net loss of KD2 million in FY2022 to KD11.5 million in FY2023.  

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First Mills posts $58.7m net, profit margin of 22.8pc in FY 2023

First Milling Company, a market-leading Saudi milling firm, has seen its FY 2023 net profit rise 1.25% to SR220.2 million ($58.7 million) and register net profit margin of 22.8% in FY 2023 and 23.3% in Q4 2023, driven by strong growth in

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First Mills posts $58.7m net, profit margin of 22.8pc in FY 2023

First Milling Company, a market-leading Saudi milling firm, has seen its FY 2023 net profit rise 1.25% to SR220.2 million ($58.7 million) and register net profit margin of 22.8% in FY 2023 and 23.3% in Q4 2023, driven by strong growth in

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First Mills posts $58.7m net, profit margin of 22.8pc in FY 2023

First Milling Company, a market-leading Saudi milling firm, has seen its FY 2023 net profit rise 1.25% to SR220.2 million ($58.7 million) and register net profit margin of 22.8% in FY 2023 and 23.3% in Q4 2023, driven by strong growth in

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DTC posts FY 2023 net profit growth of 54pc YoY to $94m

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has seen its FY 2023 net profit jump 54% to AED345.3 million ($94 million) year-on-year, with free cash flow of AED129 million.  

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DTC posts FY 2023 net profit growth of 54pc YoY to $94m

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has seen its FY 2023 net profit jump 54% to AED345.3 million ($94 million) year-on-year, with free cash flow of AED129 million.  

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Emirates Steel Arkan FY 2023 net rises 18pc to $164m

Emirates Steel Arkan, one of the largest publicly traded steel and building materials manufacturers in the region, has said that its full year (FY) 2023 net profit rose 18% to AED601.9 million ($164 million) compared to FY22. 

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Emirates Steel Arkan FY 2023 net rises 18pc to $164m

Emirates Steel Arkan, one of the largest publicly traded steel and building materials manufacturers in the region, has said that its full year (FY) 2023 net profit rose 18% to AED601.9 million ($164 million) compared to FY22. 

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