Abu Dhabi – Mubasher: Emirates Driving Co. announced its financials for 2014 in a bourse filing to the Abu Dhabi Securities Exchange (ADX) and reported a significant growth by 65% to AED 62.515 million ($17.02 million) compared to AED 37.94 million ($10.3274 million) by the end of 2013.
Revenues grew 24% to AED 189.23 million against AED 152.524 million in 2013.
Financials for the fourth quarter of 2014 reached AED 9.855 million against AED 5.71 million in Q4-13, recording a 72.6% leap.
The Board of Directors proposed a cash dividend reaching AED 0.30 per share, representing 30% of capital and totaling AED 26.94 million.
The company’s capital amounts to AED 89.8 million divided on 89.8 million shares at par value AED 1 per share.
