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Al Ansari Financial Services Q3 Profit 79.8 Mln Dirhams

By Reuters News

Nov 13 (Reuters) - AL ANSARI FINANCIAL SERVICES ALANSARI.DU:

  • Q3 NET PROFIT AFTER TAX 79.8 MILLION DIRHAMS

  • Q3 TOTAL INCOME 331.5 MILLION DIRHAMS

  • Q3 SAW RESILIENT ACROSS MAJORITY OF BUSINESS SEGMENTS

  • Q3 SAW OVERALL ADVERSE IMPACT OF REGIONAL GEOPOLITICAL TENSIONS

  • Q3 SAW MARGIN PRESSURE IN A MORE COMPETITIVE MARKET

  • Q3 NET GAIN ON CURRENCY EXCHANGE ROSE 0.5% TO AED 181.6 MILLION

  • Q3 NET COMMISSION INCOME DECREASED 1.8% TO AED 144 MILLION

  • Q3 SAW OPERATING EXPENSES INCREASED

  • CAPEX WAS EQUIVALENT TO 3% OF OPERATING INCOME IN Q3

  • AS OF END-SEPT, DEBT-TO-EQUITY RATIO IMPROVED TO 29%

Further company coverage: ALANSARI.DU

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