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The Dubai Financial Market announced the expiry settlement price for the Micro GME Oman Crude Oil Futures contracts expiring in October 2024. The settlement price is 75.38 USD for the contract series code OMOIL Z24, with the contract ID OIL241024001. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistency.
Ghitha Holding PJSC reported an 11% year-on-year revenue growth, reaching AED 3.67 billion for the first nine months of 2024. The company's gross profit increased by AED 188 million, a 36% growth from the previous year. EBITDA represents about 10% of revenue, excluding fair value changes in investments. Total assets grew by 33% since December 2023, totaling AED 9.4 billion. Ghitha, based in Abu Dhabi and a subsidiary of International Holding Company, attributes its growth to strategic initiatives such as acquiring key assets, entering new markets, and diversifying product lines. CEO Falal Ameen highlighted the company's strong performance despite market challenges, positioning it for future growth. Moving forward, Ghitha aims to enhance financial performance and operational efficiency, aligning with its vision to become a leading regional food powerhouse, while focusing on process improvement and market adaptability.
Ghitha Holding PJSC has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024.
The document is a Management Discussion and Analysis Report for Emirates Driving Company P.J.S.C., covering the period ending on September 30, 2024.