Abu Dhabi-Mubasher: Mubadala Development Company (Mubadala) posted a 20% growth in its annual audited results for 2015, according to a statement.
Net profits reached AED 1.2 billion ($326 million) in 2015, compared to AED 1 billion ($2720.26 million) in 2014.
Revenues grew 4.3% to AED 34.1 billion ($9.28 billion) in 2015, compared to AED 32.7 billion (8.90 billion) in 2014.
The revenues rise is mainly attributed to higher semiconductor, information and communications technology, healthcare, and real estate and infrastructure related revenues.
Operating income stood at AED 2 billion ($544.52) million in 2015, compared to AED 4.3 billion ($1.17 billion) in 2014.
