ADNH net profit falls to Dh200.4m

13/02/2015 07:00 AST

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 to reach Dh1.3 billion at the end of the year — up from Dh1.2 billion in 2013.

Meanwhile, the company’s total assets fell to Dh9.5 billion in 2014 from the previous year’s Dh9.9 billion.

The company, which is listed on ADX, owns key hotels in Abu Dhabi and Dubai.


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