Amanat Holding makes a half-year profit of more than 35 million AED



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Dubai – Mubasher: Amanat Holding, a Dubai-based healthcare and education company, reported earnings growth of 26 percent at the end of the first half of this year.

According to a statement received Wednesday in Mubasher, the net profit of AED 35.1 million at the end of the first half of 2019, compared to a profit of 27.9 million AED achieved during the same period of 2018.

The increase in earnings in the first half of 2019 is due to a 49% decrease in operating losses to AED 10.6 million compared to AED 20.6 million in the first half of 2018.

The company's second quarter earnings reached 14.4 million dirhams against 13.4 million at the end of the same period last year.

Company earnings in the first quarter increased by 44% Nearly 20.7 million AEDs at the end of the first quarter of 2019, compared with a profit of 14.4 million AED realized during the same period of 2018.

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