DFM records 63.5% leap in H1-22 profits

Dubai – Mubasher: Dubai Financial Market Company (DFM) has registered AED 63.35 million in net profit attributable to the owners during the first half (H1) of 2022, an annual jump of 63% from AED 38.76 million.

The total income amounted to AED 165.41 million in H1-22, compared to AED 138.63 million in H1-21, according to the financial results.

Meanwhile, the basic and diluted earnings per share (EPS) stood at AED 0.008 in the first six months (6M) of 2022, versus AED 0.005 in the same period a year earlier.

During the second quarter (Q2) of 2022, the net profits attributable to the owners surged by 134% year-on-year (YoY) to AED 35.89 million from AED 15.34 million.

The total income increased to AED 85.98 million in Q2-22 from AED 64.57 million in Q2-21. The basic and diluted EPS went up to AED 0.005 in Q2-22, compared to AED 0.002 in the year-ago period.

Chairman of DFM, Helal Al Marri, said: “The total trading value increased by 75% during H1-22 to AED 49.40 billion from AED 28.20 billion during the same period of the year 2021, while the total market capitalisation of listed securities increased 28.20% to AED 527 billion compared to end of 2021 level of AED 411 billion.”

In the January-March 2022 period, DFM recorded net profits attributable to the owners worth AED 27.45 million, a 17% YoY growth from AED 23.42 million.

Mubasher Contribution Time: 31-Jul-2022 12:27 (GMT)
Mubasher Last Update Time: 31-Jul-2022 12:28 (GMT)