Abu Dhabi – Mubasher: The Abu Dhabi National Hotels Company (ADNH) on Monday disclosed its financial results for the first nine months of 2017, which showed the net profits were nearly unchanged year-over-year.
ADNH’s net profits amounted to AED 141.4 million in the nine-month period ended 30 September, compared to AED 141.1 million in the year-ago period, according to a filing to the Abu Dhabi Securities Exchange (ADX).
Meanwhile, at the level of the third quarter of 2017, ADNH’s net profits declined by 7.4% to AED 15 million ($4.08 million), compared to AED 16.2 million ($4.4 million) in Q3-16.
