Emirates Group, which comprises the airline and airline services and ground handling company dnata, saw its own best-ever financial performance with a record profit of 18.7 billion dirhams, a 71% jump from the previous year. It also ended the financial year with its highest-ever cash balanc...
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Profitability was down 53% compared to the same period last year, with the Group reporting a 2018-19 half-year net profit of AED 1.1 billion (US$296 million). The profit erosion was primarily due to the significant increase in fuel prices of 37% compared to the same period last year, a...
Profit and loss statement Indicator II q 2024 thousand AEDI q 2024 thousand AEDIV q 2023 thousand AEDIII q 2023 thousand AEDII q 2023 thousand AEDI q 2023 thousand AEDIV q 2022 thousand AEDIII q 2022 thousand AEDII q 2022 thousand AEDI q 2022 ...
Emirates profit share scheme means additional annual bonus of several weeks basic salary (usually but not always, don't count on it). Annual gratuity(is paid as an end of service gratuity when you leave, not each year). Free transport to duty flights (car + driver). ...
1 Net profit (adjusted) excludes gains on disposal of associates Fahad Al Hassawi, CEO said: “I am very pleased that consumer and corporate confidence are on the mend. Our fixed services business delivered another solid quarter. Broadband net-adds accelerated to 52k thanks to an attractiv...
Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to...
Being a non-profit organization the EGF relies on sponsorship fees to build the UAE National Golf Team Program. The more successful the team becomes the more offers they get to play in tournaments outside of the United Arab Emirates.
leading to uncertainty in pricing and supply chain management for manufacturers and end-users alike. In addition, sudden spikes in crude oil prices can result in higher production costs for aromatic solvents, squeezing profit margins for manufacturers and potentially leading to increased prices for cons...
size (captured by the logarithm of total assets), leverage (computed as the ratio of total assets to equity), diversification (calculated by one minus the adjusted Herfindahl Hirschman Index (1-AHHI)), and profitability (measured by the ratio of net profit after tax to average total equity)...