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11/8/24, 9:57 AM Al Ansari Financial Services’ Nine Months and Third Quarter 2024 Financial Results - Middle East Business News and Information -…
Al Ansari Financial Services’ Nine
Months and Third Quarter 2024
Financial Results
November 7, 2024 11
Financial and Operational Highlights
Advertise here.
Q3’24 vs. Q3’23:
Operating Income grew 1% year on year (YoY) to AED 288 million on a reported basis
with adjusted Operating Income, after excluding one-off Iraq income in Q3’23, reporting an
increase of 11%.
EBITDA dropped 7% YoY to AED 131 million on a reported basis and grew 14% on an
adjusted basis.
Net profit after tax declined 17% YoY to AED 103 million on a reported basis and increased
4% YoY on an adjusted basis.
9M’24 vs. 9M’23:
Operating Income declined 1% YoY to AED 855 million on a reported basis with adjusted
Operating Income reporting an increase of 4%.
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