ADX-listed Waha Capital reports 21% increase in H1-2024 net profit

Capital net operating income increased by 6% to Dh529 million during H1-2024

Last updated: August 02, 2024 | 12:03

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Waha Land continued to be a cornerstone of the company’s strategy, driving growth and providing a steady rental yield, it said in a statement.

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The company said that its capital net operating income increased by 6 per cent to Dh529 million in the first half of 2024. “This was driven by an increase in fee income, strong inflows of third-party capital into Waha Investment, and the robust performance of the Private Investments business,” the company said in a statement.

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