ADX achieves 99% disclosure compliance

Abu Dhabi Securities Exchange (ADX) announced that it has achieved a compliance rate of 99 per cent regarding the disclosure of first quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period.

64 listed companies, both local and foreign, disclosed their first quarter financial statements for 2014 within the 45 days period allowed. The combined net profit of all listed companies as of March 31, 2014 has shown an increase of 18.8 per cent in comparison to the same period in 2013.

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