(MENAFN- Qatar News Agency) Dubai May 05 - Dubai Investments has announced net profits in the first quarter of 2014 of DH265 million a 26% increase.
The company said in a statement issued here Monday that its total income of Dh 738 million compared to Dh649 million in the same period of last year. Total assets amounted to Dh13.2 billion up one billion from March 31 2013.
The investment company's net worth meanwhile increased to Dh9.3 billion compared to Dh8.7 billion at the end of the first quarter of 2013. The annualized return on equity for the period was 11.4% up from the 9.7% achieved in the same period of last year.
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