Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
On 25th April 2024, the Abu Dhabi National Company for Building Materials - BILDCO (PJSC) conducted their annual general assembly meeting remotely. The meeting, presided by Mr. Salah Khamis Saleh Ali Al-Junaibi, started at 14:04 PM and ended at 14:57 PM. The total attendance accounted for 50.28% of the capital, with 00.02% attending personally and 50.26% participating through electronic voting. Of those voting electronically, 41.99% were authentic votes and 8.27% were proxy votes.
The text refers to a review report and condensed consolidated interim financial information for Abu Dhabi Commercial Bank PJSC. The report covers the financial performance of the bank for the three-month period ending March 31, 2024.
The CEO of Easy Lease Motor Cycle Rental, Ahmad Mohammad Al Sadah, reported strong performance for the three months ending 31st March 2024. The company's operational profit reached AED 19.55 million, a significant increase from AED 9.24 million in the same period of 2023. Net profit after tax was AED 13.01 million, compared to AED 5.50 million in the corresponding period of 2023. The company's revenue was AED 97.36 million, up from AED 70.20 million in Q1 2023. Total assets amounted to AED 458.10 million as at 31st March 2024, compared to AED 376.21 million at the start of the year. Sales revenue for the period was AED 97.36 million compared to AED 70.20 million for the same period in 2023. General and administrative expenses amounted to AED 16.74 million, compared to AED 11.35 million for the same period in 2023.