Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) on Tuesday announced that it has achieved a compliance rate of 95.3% based on the disclosure of listed-companies financial statements for the first quarter of 2019.
Moreover, 61 out of 64 public, local, and foreign listed companies have disclosed their Q1-19 within the 45-day period given, according to a press release.
The ADX-listed firms have posted a 2.85% year-on-year decline in combined net profit for the three-month period ended 31 March 2019, the ADX revealed.
However, the banking sector has seen a profit growth of 2.69% in Q1-19, followed by the telecommunication sector with a profit increase of 0.51%, the stock market said.
In the same vein, the ADX confirmed that the collaboration with its listed companies has been always productive.
