Finance House logs $6mln net profits in 2019

The company’s net operating income increased

Abu Dhabi – Mubasher: The net profits of Finance House reached AED 22.445 million in 2019, up from AED 17.840 million in 2018, according to the company’s consolidated financial statements for 2019.

The company’s net operating income increased to AED 227.816 million last year from AED 221.531 million in 2018.

Meanwhile, the company recorded basic and diluted earnings per share (EPS) attributable to the ordinary shares of AED 0.03 in 2019, compared to AED 0.04 in the prior year.

It is noteworthy to mention that during the first nine months of 2019, the company recorded net profits of AED 26.08 million, up 3.4% when compared to AED 25.22 million in the same period of 2018.

Source: Mubasher

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