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Abu Dhabi's The National Investor posts USD6.26m profit in Q1
(MENAFN) The National Investor, the leading Abu Dhabi-based investment management and advisory firm, recorded USD6.26m net profit in the first quarter of the year, Gulf News reported.
The Investor, which has Asset Management as one its principal lines of business, said that the net profit for this year marked a gigantic 70 percent decline year-on-year.
Fees and service income, however, increased to USD33.4 million in the last fiscal year from around USD25.8 million.
The Investor, which has Asset Management as one its principal lines of business, said that the net profit for this year marked a gigantic 70 percent decline year-on-year.
Fees and service income, however, increased to USD33.4 million in the last fiscal year from around USD25.8 million.
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