Abu Dhabi – Mubasher: Waha Capital posted a 16.4% year-on-year decrease in its profits during the second quarter of 2017, according to a bourse statement.
Profits reached AED 105.62 million ($28.7 million) in Q2-17, compared to AED 126.37 million ($34.4 million) in Q2-16.
Total income fell 84.2% to AED 63.32 million in Q2-17 from AED 401.08 million in Q2-16.
Net profits reached AED 202.99 million in the first half of 2017, down 32.9% from AED 302.48 million in the prior-year period.
Earnings per share (EPS) reached AED 0.10 in H1-17, compared to AED 0.17 in H1-16.
