Abu Dhabi – Mubasher: Ghitha Holding named Mohamed Somar Nassouh Ajalyaqin as the Chairman of the board, according to a bourse disclosure.
During the same board meeting held on 3 January 2024, Hamad Khlfan Ali Matar Al Shamsi was appointed as the Vice Chairman.
In the first nine months (9M) of 2023, the ADX-listed company logged net profits amounting to AED 91.07 million, an annual drop from AED 141.67 million.
Total revenues hiked to AED 3.31 billion as of 30 September 2023 from AED 1.50 billion in 9M-22.
Basic earnings per share (EPS) hit AED 0.29 in 9M-23, down year-on-year (YoY) from AED 0.63.
