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ADNH's profit hits Dh327m
ABU DHABI — Abu Dhabi National Hotels (ADNH) has earned a record profit of Dh327 million for the first nine months of 2007; a 63 per cent increase over Dh201 million earned during the corresponding period in 2006.
The financial report shows the hotels' profit increased by 31 per cent , catering services increased by 1.3 per cent and transport division increased by 78 per cent, while the general expenses and depreciation decreased by 17 per cent.
Khalifa Nasser bin Huwaileel Al Mansoori, Chairman of the Board of Directors, attributed the results to Abu Dhabi's economic growth.
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