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The document provides a review report and summarized consolidated financial information for Abu Dhabi Ports Company PJSC. The data covers the first three months of the fiscal year, ending on 31 March 2024.
On 13th May 2024, the Board of Directors of Abu Dhabi Ports Company PJSC held a meeting via video conference. They approved the company's financial statements for the first quarter of the financial year 2024. The Board also discussed recent developments related to the company's activities and projects. The meeting was communicated by Emil Pellicer, the General Counsel, to the Disclosure & Compliance Section of the Market Operations & Surveillance at Abu Dhabi Securities Exchange.
The document provides an unaudited, condensed interim financial report for Al Fujairah National Insurance Company PJSC for the period ending on 31st March 2024.
Al Ramz Corporation PJSC, a UAE non-banking financial institution, reported its Q1 2024 financial results, with a net profit of AED 2 million. The corporation saw a 29% growth in non-investment revenues, but reported an investment loss of AED 5.5 million, attributed to regional geopolitical unrest and subdued markets. Despite this, the quality of earnings surged to AED 7 million. The company's corporate finance and advisory revenues increased by 149%, while financing revenues grew by 15%. The Group's Managing Director expressed satisfaction with the results, noting the robust increase in non-investment revenues and the company's resilience in dynamic market conditions.