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1/31/24, 9:52 AM DFM Net Profit Soars 124% To Dh329.4 Million | MENAFN.COM
DFM Net Profit Soars 124% To Dh329.4 Million
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1/30/2024 2:37:51 PM
(MENAFN- Khaleej Times) Dubai Financial Market Company (PJSC) on Tuesday announced
its net profit for the fiscal year ending on December 31 2023, increased 124 per cent in to
Dh329.4 million, compared to Dh147.1 million in 2022.
DFM concluded 2023 on a high note, driven by a significant uptick in trading activities, capital
inflow and a notable influx of new investors.
During the board meeting, the Directors proposed a cash dividend of Dh280 million,
representing 3.5 per cent of the capital and 95 per cent of the total retained earnings available
for distribution.
Helal Al Marri, Chairman of DFM said,“In 2023, Dubai Financial Market marked a series of
noteworthy accomplishments, underscoring its intrinsic strengths in adaptability, innovation,
and an unwavering dedication to excellence. These achievements align seamlessly with the
objectives outlined in the Dubai Economic Agenda“D33” showcasing the market's pivotal role
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