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Net Income

Equate H1 net income shoots up four-fold to $348m

The Equate Group, a global producer of petrochemicals and the world’s leading supplier of ethylene glycol, has seen its first-half (H1) net income after tax shoot up nearly four-fold to $348 million and revenue surge to $1.86 billion.

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Equate H1 net income shoots up four-fold to $348m

The Equate Group, a global producer of petrochemicals and the world’s leading supplier of ethylene glycol, has seen its first-half (H1) net income after tax shoot up nearly four-fold to $348 million and revenue surge to $1.86 billion.

More…

Equate H1 net income shoots up four-fold to $348m

The Equate Group, a global producer of petrochemicals and the world’s leading supplier of ethylene glycol, has seen its first-half (H1) net income after tax shoot up nearly four-fold to $348 million and revenue surge to $1.86 billion.

More…

MultiBank Group net income rises 26pc to $226.84m in 2023

MultiBank Group, one of the world's largest financial derivatives institutions headquartered in Dubai, has achieved its most successful financial year to date, with a 26% rise in net income to $226.84 million in 2023.  

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Al Baraka net income hits $79m; total assets soar to $25.4bn

Bahrain-based Al Baraka Group has announced that it has achieved $40 million of net income attributable to shareholders for Q2 2024, compared to $47 million in the second quarter of 2023, reflecting a 16% reduction.   

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Noble Q2 net income more than doubles to $195m

Noble Corporation’s second-quarter (Q2) net income more than doubled to $195 million, up from $95 million in Q1 2024, and adjusted EBITDA increased to $271 million up from $183 million in Q1 2024.    N

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Noble Q2 net income more than doubles to $195m

Noble Corporation’s second-quarter (Q2) net income more than doubled to $195 million, up from $95 million in Q1 2024, and adjusted EBITDA increased to $271 million up from $183 million in Q1 2024.    N

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Burgan Bank posts H1 net Income of $68.7m, up 17pc

Burgan Bank posted a net income of KD21 million ($68.7 million) with a very healthy growth of 17% y-o-y, in the first half of 2024 propelled by KD111 million, an impressive growth of 19% year-on-year (y-o-y).   

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Yahsat H1 net income soars 62pc to $73m

Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, has seen its first-half (H1) net income soar 62% to AED269 million ($73 million) whilst revenue fell by 3% to AED734 million.

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Yahsat H1 net income soars 62pc to $73m

Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, has seen its first-half (H1) net income soar 62% to AED269 million ($73 million) whilst revenue fell by 3% to AED734 million.

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