Financial Results
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Amlak Q3 net profit plummets over five-fold to $14.4mln
Amlak Finance’s third-quarter (Q3) net profit plummeted over five-fold to AED53 million ($14.4 million) as compared to a Q3 2023 net of AED269 million. Meanwhile, revenue from financing and investing business increased by 14% to AED103 million during Q3 2024, as compared to AED90 million in Q3 2023. Amlak’s total…
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