Al Khaleej Investment turns to loss in Q1

Abu Dhabi – Mubasher: Al Khaleej Investment Company turned to loss during the first quarter of 2019 compared to the year-ago period, reaching AED 1.929 million.

Total assets reached AED 394.96 million in Q1-19 versus AED 396.92 million in the year-ago period, according to a bourse statement released on Tuesday.

Al Khaleej’s net loss from investments carried at fair value through profit and loss went up to AED 6.34 million from January to the end of March, compared to AED 4.45 million in Q1-18

Loss per share hit AED 0.02 in the first three months of 2019, against AED 0.001 earnings per share in the year before.

Mubasher Contribution Time: 14-May-2019 18:37 (GMT)
Mubasher Last Update Time: 14-May-2019 18:37 (GMT)