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ALSEER Marine Supplies & Equipment Company has released its Management Discussion and Analysis Report for the period ending June 30, 2023. Additionally, the company has provided a Management Report for the period ending June 30, 2024.
Al Seer Marine Supplies and Equipment Company PJSC has released a review report and interim condensed consolidated financial information for the six-month period ending on June 30, 2024.
The Emirates Telecommunications Group Company PJSC ("e&") has scheduled a Board of Directors meeting on Wednesday, July 31, 2024, at 1:30 p.m. The agenda includes discussing the condensed consolidated interim financial information for the six months ending June 30, 2024, a proposal for the distribution of interim dividends for the first half of 2024, and other routine matters related to the company's business.
Dubai Taxi Company PJSC (DTC) reported a 27% year-on-year increase in EBITDA to AED 309.3 million for the first half of 2024, with revenue up 14% to AED 1.09 billion. The company expanded its taxi fleet by 294 vehicles and completed 23 million trips, a 4% increase year-on-year. The EBITDA margin rose to 28%, and net profit, affected by interest and corporate tax, was AED 187.4 million. The board approved dividends of AED 159.3 million. The growth strategy included fleet expansion and new strategic partnerships. Revenue from the core taxi segment grew by 12%, the limousine segment by 6%, the bus segment by 26%, and the bike segment nearly tripled.
The document is a review report and condensed interim financial information for Dubai Taxi Company P.J.S.C. for the six-month period ending on June 30, 2024.
The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on July 25, 2024, achieving quorum. During the meeting, the following items were discussed and approved: 1. Financial results for the first half of the fiscal year 2024. 2. Distribution of cash dividends for the first half of FY 2024, amounting to AED 159,279,837 (6.37 fils per share), representing 85% of the net profit for the period. Key dates include: - Last entitlement date: August 01, 2024 - Ex-dividend date: August 02, 2024 - Registry closing date: August 05, 2024 - Payment date: August 23, 2024 3. Other operational and internal matters. The communication was signed by Vicken Khochafian, Board Secretary, and a copy was sent to the Securities and Commodities Authority.