Eshraq Investments

Eshraq Investments PJSC ("Eshraq" or "Company"), listed on the Abu Dhabi Securities Exchange ("ADX"), has announced its Q1 2023 financial results. The Company recorded a gross profit of AED 8.3 million for the first quarter of 2023 as compared to a gross profit of AED 7.9 million for the same period last year, and a net loss of AED 34 million in the first quarter of 2023 on account of mark-to-market movement in financial and real estate investments. Leasing and hospitality businesses: The Company’s residential apartments in Marina Rise and ...