Dubai Investments (PJSC) continued its impressive record of growth and profitability into the third quarter, with the consolidated Group Total Income reaching AED 1 billion, a two-fold increase over the same period last year. Consolidated Group Net Profit climbed to AED 386 million, increasing by AED 291 million or 306 per cent compared to September 2004.
Consolidated Group Total Assets as on 30 September 2005 of AED 2.8 billion increased by AED 757 million, a rise of 38 per cent, compared to the same period last year, and by AED 514 million, or a 23 per cent increase as compared to the previous year end on 31 December 2004.
Total Shareholders’ Equity at AED 1.5 billion, increased by AED 616 million or 72 per cent compared to September 2004, and by AED 404 million or 38 per cent when compared to December 2004, when it stood at AED1.1 billion.
Return on Share Capital increased to 45 per cent, from 13 per cent for the same period last year, while the Return on Total Shareholders Equity increased to 26 per cent, from 11 per cent as on September 2004.
