Abu Dhabi – Mubasher: Abu Dhabi National Hotels (ADNH) achieved a profit worth AED 138.058 million over the January-September 2019 period, versus an AED 154.681 million in the same period a year earlier.

Earnings per share (EPS) fell to 0.14 fils during the first nine months of 2019 from 0.15 a year earlier, according to a bourse filing on Monday.

Operating revenue totalled AED 967.543 million in the nine-month period this year, up from AED 816.427 million a year earlier.

During the third quarter of 2019, ADNH incurred a loss worth AED 6.610 million, versus a profit of AED 13.003 million in the same quarter a year earlier.

Loss per share stood at AED 0.01 during Q3-19, against an EPS of 0.01 in Q3-18.

Operating revenue registered AED 277.181 million in Q3-19, up from AED 210.674 million in Q3-18.

It is worth noting that over the first half of 2019, ADNH’s net profit reached AED 145 million, versus AED 142 million in H1-18, with a 2% year-on-year rise.

Source: Mubasher

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