Page 29 - AAE PR REPORT - November 2024

11/8/24, 9:56 AM Al Ansari Financial Services sees profit drop for 9-month 2024 over 'significant challenges' | Markets – Gulf News
Al Ansari Financial Services sees

profit drop for 9-month 2024 over

'significant challenges'

DFM-listed points to industry-wide challenges as well as corporate tax

Published: November 07, 2024 08:20
Follow us
Manoj Nair, Business Editor

Al Ansari cites higher operating costs as adding to the challenges the remittance industry faces at the
moment.
Image Credit: Ahmad Alotbi/Gulf News

Dubai: Net profit for DFM-listed Al Ansari Financial Services dropped to Dh308.53

million for the first nine months from Dh387.8 million. The company’s currency

https://gulfnews.com/business/markets/al-ansari-financial-services-sees-profit-drop-for-9-month-2024-over-significant-challenges-1.1730953530306 1/3