Dubai – Mubasher: Amanat Holdings reported a 135.5% rise year-on-year in its profits during the third quarter of 2016, according to a bourse filing.
Profits reached AED 12.95 million ($3.53 million) in Q3-15, compared to AED 5.50 million ($1.5 million) in Q3-15.
In the first nine months of 2016, profits increased 417.6% to AED 36.75 million from AED 7.1 million in the same period of 2015.
The Q3-16 profits rise is mainly attributed to a rise in revenues achieved by the company’s associates to AED 14.1 million.
