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Lulu Retail Q3 net soars 126pc; 9M net surges 73.3pc

Lulu Retail, the largest and fastest growing pan GCC full line retailer, has seen its net profit from continuing operations soar 126% to $35.1 million driven by improved operating profit and better cost management. For the nine-month (9M) peri

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Lulu Retail Q3 net soars 126pc; 9M net surges 73.3pc

Lulu Retail, the largest and fastest growing pan GCC full line retailer, has seen its net profit from continuing operations soar 126% to $35.1 million driven by improved operating profit and better cost management. For the nine-month (9M) peri

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Americana 9M net slumps 48.2pc to $117.4m, revenue at $1.61bn

Americana Restaurants International, the largest dining and quick service restaurant operator in Mena and Kazakhstan, has seen its nine-month (9M) attributable net slump 48.2% to $117.4 million as revenue fell 15.2% to $1.61 billion.

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Americana 9M net slumps 48.2pc to $117.4m, revenue at $1.61bn

Americana Restaurants International, the largest dining and quick service restaurant operator in Mena and Kazakhstan, has seen its nine-month (9M) attributable net slump 48.2% to $117.4 million as revenue fell 15.2% to $1.61 billion.

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Listed firms in GCC post Q2 net of $60.7bn: Kamco Invest

Net profits reported by companies listed on GCC exchanges grew 8.1% with total net profits up for the second consecutive quarter to reach $60.7 billion during Q2-2024 as compared to $56.2 billion in Q1-2024 and $57.4 billion in Q2-2023.

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Listed firms in GCC post Q2 net of $60.7bn: Kamco Invest

Net profits reported by companies listed on GCC exchanges grew 8.1% with total net profits up for the second consecutive quarter to reach $60.7 billion during Q2-2024 as compared to $56.2 billion in Q1-2024 and $57.4 billion in Q2-2023.

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Tabreed posts H1 net profit of $73.24m, EBITDA at $164.17m

Tabreed, the UAE’s leading international district cooling company, has seen its first-half (H1) net profit after tax at AED269 million ($73.24 million) and EBITDA increase to AED603 million ($164.17 million).   

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Tabreed posts H1 net profit of $73.24m, EBITDA at $164.17m

Tabreed, the UAE’s leading international district cooling company, has seen its first-half (H1) net profit after tax at AED269 million ($73.24 million) and EBITDA increase to AED603 million ($164.17 million).   

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Alpha Dhabi Q1 2022 net profit skyrockets to $770m

Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the UAE, has seen its first quarter y-o-y net profit skyrocket to AED2.84 billion ($770 million) from AED100 million in Q1 2021. 

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Alpha Dhabi Q1 2022 net profit skyrockets to $770m

Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the UAE, has seen its first quarter y-o-y net profit skyrocket to AED2.84 billion ($770 million) from AED100 million in Q1 2021. 

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