ADX Achieves 97% in Disclosure Compliance of 2nd Quarter Financial Statements 2019

Abi Dhabi: Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97% regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint-stock companies, domestic and foreign, within the deadline of 45 days from the end of the financial period.

62 out of 64, local and foreign, public listed companies disclosed their 2nd  Quarter financial statements for 2019 within the 45 days period given. It is worthy to note that the Energy Sector witnessed an increase in profit with 20.41%, followed by the Services Sector with a profit increase of 18.72%

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

 

Hot this week

Ratings Over Reality — The Unethical War Reporting of Indian News Channels

A section of Indian Television Is Not Reporting the...

A Life Built in Service: The Long Gulf Journey of Dr. Puthur Rahman

For decades, Dr. Puthur Rahman has been among the...

Kozhikode’s Timeless Melody: Where Busy Markets Transform into Soulful Mehfil Nights

KOZHIKODE- India: When the sun sets and the dust...

When the Rupee Fell — and the Expat Cheered, but Not for Long

Special to Gulf Daily Mail Rajan Menon still remembers the...

Empire, Pressure, Gunshot: Inside C.J. Roy’s End

The Rise and Fall of a Builder: The Story...

UAE targets 50% of government services for Agentic AI

ABU DHABI, UAE — The UAE is preparing to...

UAE travellers warned of flight changes across Gulf routes

DUBAI, UAE — Travellers flying from the UAE on...

UAE property expo in Hyderabad targets Indian investors

HYDERABAD, India — UAE property developers and real estate...

UAE becomes first to approve oral vitiligo drug

DUBAI, United Arab Emirates — The UAE has become...

Saudi Arabia starts early planning for Hajj 2027

RIYADH, Saudi Arabia — Saudi Arabia has begun preparations...

UAE, Oman reaffirm commitment to regional stability

ABU DHABI, United Arab Emirates — UAE President Sheikh...

Related Articles

Popular Categories