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Q1 profit

Dana Gas Q1 net profit falls 24pc to $38m

Dana Gas, the Middle East’s largest regional private sector natural gas firm, has seen a 24% fall in first-quarter net profit to AED139 million ($38 million) compared to Q1 2023 earnings of AED183 million.   

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Dana Gas Q1 net profit falls 24pc to $38m

Dana Gas, the Middle East’s largest regional private sector natural gas firm, has seen a 24% fall in first-quarter net profit to AED139 million ($38 million) compared to Q1 2023 earnings of AED183 million.   

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Petchem major Sabic shows resilience; swings to Q1 profit

Sabic, a global leader in diversified chemicals headquartered in Riyadh, has announced a total net profit of SAR246 million ($66 million) for the first quarter of 2024, when compared to a SR1.73 billion ($461 million) loss in Q4 2023.

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Petchem major Sabic shows resilience; swings to Q1 profit

Sabic, a global leader in diversified chemicals headquartered in Riyadh, has announced a total net profit of SAR246 million ($66 million) for the first quarter of 2024, when compared to a SR1.73 billion ($461 million) loss in Q4 2023.

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UAE banks’ Q1 profit surges 35%: Alvarez & Marsal

UAE banks’ profitability grew by 35 percent in Q1 from the previous quarter due to enhanced cost efficiencies and lower impairment charges as well as a rise in non-core income, a report said. Incremental deposit growth outst

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Multiply posts Q1 net of $91.18m; to aggressively expand portfolio

Multiply Group, a technology-focused holding firm listed on the Abu Dhabi Securities Exchange (ADX), which posted a net profit of AED334.9 million ($91.18 million) for the first quarter (Q1) of 2022, plans to aggresively expand its portfolio.

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Samsung Q1 operating profit up 3pc to $5.2bn

Samsung Electronics has posted an operating profit of KRW6.45 trillion ($5.2 billion) during the first quarter (Q1) of the year, marking a rise of three per cent as compared to operating profit of KRW6.25 trillion in Q1 2019. Tota

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DAE Q1 profit edges up 3.1pc to $99m

Dubai Aerospace Enterprise (DAE), a global aircraft leasing company, has posted a profit of $99 million for the first quarter (Q1) of the year, as against $96 million posted in Q1 2018, marking a rise of 3.1 per cent. The company

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DAE Q1 profit edges up 3.1pc to $99m

Dubai Aerospace Enterprise (DAE), a global aircraft leasing company, has posted a profit of $99 million for the first quarter (Q1) of the year, as against $96 million posted in Q1 2018, marking a rise of 3.1 per cent. The company

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UAE property firms post over $1.1bn in Q1 profit

The combined profits of 13 listed property companies in the UAE surged to Dh4.35 billion ($1.18 billion) during the first quarter (Q1) of the year, a growth of 29.4 per cent from Dh3.36 billion in Q1 2017, a media report said. The

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