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

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

Ticker Price Volume
MEAHCO 42.35 1,051,867
ALDAR 1.98 7,580,460
SARCO 42.30 227,758
ADNH Sector Market
P/E
Price/BookValue
Dividend Yield (%)
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
Ticker Price Change
TABREED 1.74 -0.06 (-3.34%)
BATELCO 0.25 0.00 (-1.59%)
AMANAT 1.17 0.01 (0.86%)
ADAVIATION 2.99 0.00 (0.00%)
GMPC 1.90 0.00 (0.00%)
Bank Nizwa participates in Malaysia industry event

20/08/2019

Bank Nizwa, represented by two of its Board Members, Sami Al Dhugishi and Ishaq Al Maouli along with Chief Executive Officer, Khalid Al Kayed, participated in the 2nd Islamic Financial Services Board

Times of Oman

Emirates NBD stands chance to renegotiate Denizbank acquisition

14/08/2018

The sharp decline of the Turkish lira in recent weeks has triggered speculation in banking circles that Emirates NBD stands a chance to renegotiate its deal to acquire Denizbank as the valuation has

Gulf News

Eshraq reports best half-year since 2014

14/08/2018

Abu Dhabi-listed Eshraq Properties reported a first-half net profit of Dh14.8 million, compared to a loss of Dh0.32 million in the first half of 2017. The property firm said in a press statement that

Gulf News

Damac and RHG to launch Radisson Hotel

14/08/2018

Damac Properties has signed a landmark agreement with Radisson Hotel Group (RHG) to develop and launch the ‘Radisson Hotel, Dubai Damac Hills’, its first, newly launched Radisson-branded property wor

The Gulf Today

Adnoc Distribution net profit up 18pc in H1

14/08/2018

Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) has reported that net profit for the six months ended June 30, 2018, increased by 18 per cent to Dh1.124 billion ($306 million) co

Trade Arabia