Abu Dhabi National Hotels posts lower profit in the first quarter

09/05/2017 05:19 AST

Abu Dhabi National Hotels on Monday reported a net profit of Dh86 million for the first quarter of 2017 compared to Dh92 million in the first quarter of last year, the company said in a statement on Abu Dhabi bourse.

The lower profit was due to consolidated revenues totalling Dh354 million in the first quarter of this year compared to Dh364 million in the first quarter of 2016.

“The three per cent decrease in ADNH group revenue during the first three months of 2017 compared to the same period in 2016 was mainly due to ongoing economic challenges,” the company said.


Gulfnews

News

Abu Dhabi National Hotels wins top accolades

22/06/2015

Abu Dhabi National Hotels (ADNH) was recently presented with two prestigious awards for its contribution to the success of the UAE emirate.

The property was listed among Forbes Middle East

Trade Arabia

ADNH net profit falls to Dh200.4m

13/02/2015

Abu Dhabi National Hotels recorded a net profit of Dh200.4 million in 2014, marking a drop from its Dh215.1 million in 2013, the company announced on Thursday.

Revenues, however, increased t

Gulf News

Le Meridien Abu Dhabi: A landmark in 35 years of change

24/02/2014

A specially invited group of royalty, VIPs, and long-standing staff members will gather for a gala reception at Le Meridien Abu Dhabi this evening to celebrate the hotel’s anniversary, 35 years to th

The National

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683

Valuation

ADNH Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
TABREED 1.60 -0.03 (-1.85%)
AMANAT 1.36 0.01 (0.74%)
BATELCO 0.21 0.00 (0.00%)
NCTH 2.15 0.00 (0.00%)
GMPC 1.90 0.00 (0.00%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap