Hedge Funds & Alternative Investments
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Dubai Empower Q1 net profit down 6%, misses estimate
Dubai Financial Market-listed Emirates Central Cooling Systems Corporation, known as Empower, said it made a net profit attributable to owners of 167.3 million dirhams ($46 million), nearly 8% lower year-on-year (YoY). The net profit fell short of analysts’ mean estimate of AED 209 million, according to data compiled by Refinitiv's…
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