Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business, Banking and Investments(Banking & Investments)
Filter PR by
  
ADX Achieves 93% in Disclosure Compliance of the Annual Financial Statements 2019, for Public and Private Listed Companies
 

Abu Dhabi, UAE – 02 April 2020:   Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate 93% regarding the disclosure of the annual financial statements 2019 of its listed public joint stock companies and private listed Companies within the deadline of 90 days from the end of the financial period annual 

60 out of 64, local and foreign, public listed companies disclosed their annual financial statements for 2019 within the 90 days period given. 

4 out of 5, private listed companies disclosed their annual financial statements for 2019 within the 90 days period given. 

It is worthy to note that the combined net profit of all public listed companies as of 31th Dec. 2019 has shown an increase of 1.23% in comparison to the same period in 2018. The highest recorded increase was in the Energy Sector with an increase of 42.83% followed by the Insurance sector with an increase of 36.54%. 

On this occasion, ADX stated that the collaboration between the Exchange and its listed companies has always proved to be a productive one. 


Posted by : Dubai PR Network Editorial Team
Viewed 4386 times
PR Category : Banking & Investments
Posted on : Thursday, April 2, 2020  1:57:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Internal Comms Guidelines Post Corona Virus by Mr. Tarek Sak...
Next Story : Properties Investment Announces 3 Month Rent Relief for ‘The...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Eid Gifts From The Body Shop [7626-Views]
UAE Banks Among Top Performing in GCC, KPMG Report Finds [4182-Views]
Made in Italy, ICSA® Issues a Notification of Counterfeit Products Found in the Kingdom of... [3559-Views]
First Range Rover Made Under Social Distancing Measures Comes Off Jaguar Land Rover's Sol... [2911-Views]
Introducing the Marks & Spencer Summer Edit [2907-Views]
Ralph Lauren: How to master the art of tie-dye. #RLatHome [2878-Views]
HONOR MagicBook Series is Perfect for Fashion Forward, Design Conscious Individuals Across... [2759-Views]
Emirates Sets Industry-leading Safety Standard for Customers Travelling as It Resumes Oper... [2702-Views]
OMEGA Adds Full Gold Models to The Speedmaster 38 mm Collection [2550-Views]
Dubai Customs and Omani Counterpart Discuss Post-Covid19 Era [2522-Views]
UAE Develops a Rapid Coronavirus Laser Testing Technology [2485-Views]
The Heart of Europe Takes Shape as the Ultimate Sustainable Island Tourism Destination in ... [2321-Views]
VFS Global Joins Nation's Biggest Community Campaign; Donates to the 10 Million Meals Init... [2194-Views]
Mubadala Supports the Fight Against COVID-19 by Leveraging Its Assets' World-Class Capabil... [2087-Views]
Union Coop Al Barsha – 3 Commercial Center 40% Complete [2075-Views]
Trina Solar Publishes Its Vertex Module Technology White Paper, Unveiling a Brand New Tech... [2066-Views]
Aster DM Healthcare Launches ‘Our New Earth' Microsite to Coach People to Transition to th... [2050-Views]
Vatika Launches Natural Hair Food, an Effective Solution for Dry Hair [1997-Views]
INFINITI of Arabian Automobiles Launches Exclusive Eid Rewards Campaign [1956-Views]
Samsung Brings Unparalleled Offers to Tech Enthusiasts This Eid [1952-Views]
Renault of Arabian Automobiles brings you Trade-In Super Sale for Eid [1939-Views]
IATA COVID-19 Middle East and Africa Update Today at 12 PM [1894-Views]
Special Edition Jaguar XE, XF & Range Rover Vogue Vehicles Arrive in UAE [1763-Views]
The Best Omega Sunglasses For a Long-Awaited Summer [1759-Views]
SALAMA Announces AED 13.65 Million Profit for Q1 2020 [1755-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories