Abu Dhabi – Mubasher: The National Investor (TNI) reported a profit slide of 70% for the fiscal year ended 31 March 2015, down to AED 24 million ($6.5 million) from AED 80.4 million ($22 million) in the same period of the previous year, according to a bourse filing.
TNI, a private joint stock company listed on Abu Dhabi’s secondary market, revealed that its net profits from shareholders in the parent company dropped 77% to AED 15.76 million in the year, compared to AED 67.7 million in the same period the year before.
Total operating revenues reached AED 133.63 million in the year compared to AED 158.27 million by the end of March 2014.
