Dubai – Mubasher: Amanat Holdings’ profits for the first quarter of fiscal year 2017 grew 49% year-on-year to AED 14.08 million ($3.83 million), versus AED 9.45 million ($2.6 million) for Q1-16.
Income from associates amounted to AED 10.7 million in Q1-17, compared to AED 2.2 million for Q1-16, according to a statement to the bourse released on Monday.
The company had earlier posted a net profit of AED 38.4 million for FY16.
