Mubasher: Dubai Investments posted a 9.8% year-on-year profit rise during the fourth quarter of 2016, according to a statement.
Profits reached AED 376.88 million ($102.58 million) in Q4-16, compared to AED 343.14 million ($93.4 million) in Q4-15.
In 2016, profits rose 9.9% to AED 1.22 billion in 2016 from AED 1.11 billion in 2015.
The company’s stock rose 0.76% to AED 1.32, generating AED 3.07 million from the exchange of 2.35 million shares.
