Finance House posts Dh206m profits in H1

ABU DHABI —Finance House Abu Dhabi yesterday announced net profits of Dh205.7 million for the first half ending June 30.

By A Staff Reporter

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Published: Thu 13 Jul 2006, 12:00 PM

Last updated: Sat 4 Apr 2015, 3:09 PM

Commenting on the results, Mohammed Alqubaisi, Chairman of Finance House, said, "We understand the market dynamics and with our agile strategies we achieved strong results for our shareholders."

He said that because of these stratagies, Finance House achieved 74 per cent growth in net profit over the last comparable half year.

" We have a strong asset base and are introducing further innovative products and services on a regular basis," Mohammed Alqubaisi said.

He emphasised that Finance House will create more value for its shareholders because of the financial market's growth and increasing interest rates.

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