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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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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
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Times of Oman
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The Gulf Today
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