Al Safwa Mubasher revenues hike 40% in 2017

Dubai – Mubasher: AI Safwa Mubasher Financial Services on Monday posted a 40% rise in net revenues for the full-year 2017.

Total revenues increased to AED 25.12 million in 2017, up from AED 18 million a year earlier, according to the company's statement to the Dubai Financial Market (DFM).

Total assets rose 86% to AED 658.34 million in 2017 compared to AED 354 million the year before.

The DFM-listed firm also said that it achieved AED 8.72 in net profits during the last year versus AED 4.54 million in 2016.

Mubasher Contribution Time: 12-Feb-2018 12:28 (GMT)
Mubasher Last Update Time: 12-Feb-2018 12:43 (GMT)