Page 32 - AAE PR REPORT - August 2024
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8/12/24, 10:40 AM                                UAE exchange firm Al Ansari's Q2 net profit falls








































        United Arab Emirates dirham bills. AED banknotes. Getty Images Image used for illustrative purpose.
        Getty Images/iStockphoto
        UAE exchange firm Al Ansari's Q2 net profit falls


        Total income rose to $81.74mln

        Brinda Darasha, ZAWYA



        August 9, 2024

        UAE-based exchange house Al Ansari Financial Services posted a Q2 net profit attributable to
        shareholders of 106.7 million dirhams ($29 million), versus AED 130.3 million in the year-ago period.

        The net profit beat analysts’ mean estimate of AED 105 million, according to LSEG data.


        The company, which listed on Dubai's DFM in 2023 following an IPO, had a total income of AED 299.9

        million for Q2 compared with AED 297.4 million in Q2 2023.




















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