Waha Capital reports third quarter profits

24 October 2010

Abu Dhabi-based investment firm makes AED37m in net profit

Abu Dhabi-based diversified investment firm Waha Capital has reported third quart net profits of AED37m, compared to AED2m in the same period a year earlier. Net profit for the first nine months of 2010 jumped more than 239 per cent to AED77m over the same period last year. Revenue for the third quarter of 2010 was AED105.4m, compared with AED104.9m last year.

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