Emirates Driving H1 profits surge 48%

Abu Dhabi-Mubasher: Emirates Driving Company reported a 48% jump in profits to AED 52.9 million in the first half of 2015, compared to AED 35.73 million in the same period of 2014.

Profits increased 38.8% to AED 28.75 million in Q2-15 from AED 20.72 million in Q2-14.

Net profits rose from AED 94.10 million in H1-14 to AED 120.3 million in H1-15.

Direct expenses went up 10% to AED 31.4 million in H1-15, compared to AED 28.7 million in H1-14.

Earnings per share surged 47.4% to 56 fils in H1-15 from 38 fils in H1-14.

Mubasher Contribution Time: 10-Aug-2015 11:41 (GMT)