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5/15/25, 9:35 AM Al Ansari posts 10% net profit surge in first quarter | Khaleej Times
Al Ansari posts 10% net profit surge in first quarter
Results were driven by a 7% year-on-year rise in operating income
Published: Wed 14 May 2025, 4:20 PM
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By Issac John
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current break not enough Al Ansari Financial Services, the GCC’s largest non-banking financial services
current break not enough
provider and parent of Al Ansari Exchange, delivered a strong performance in Q1
2025, reporting a 10 per cent year on year increase in net profit after tax to
Dh109 million.
The results, announced on Wednesday, were driven by a 7.0 per cent year on
year rise in operating income to Dh294 million, reflecting strong contributions
from remittances, banknotes, and wage protection system (WPS) services,
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