Waha Capital‘s First Half 2012 Net Profit Tumbled 90 percent


Waha Capital Co. - WAHA
0.91 0.00 0.00%
02/08/2012 12:10 AST  Gulfbase.com
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Waha declared results for the 1st Half of 2012, reported a net profit of AED 3.5 million, a decrease of 90 percent compared with AED 35.8 million of the same period last year.

The Groups Total Operating income amounted to AED 112.1 million for First half of 2012, down 24 percent over the corresponding period in the prior year.

Total operating expenses of the group for the first half of 2012 amounted to AED 111.3 million, broadly unchanged from the corresponding period of last year (AED 111.4 million).

EPS on the adjustment basis at the end of first half 2012 recorded as AED 0.00 in comparison to the QR0.02 EPS of the same period last year.

The group’s total assets stood at AED 4.2 billion as at 30 June 2012, unchanged from 31 December 2011.

Profile: Waha Capital Co. (WAHA)
Waha Capital Co. - WAHA
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