Dubai: Al Mazaya Holdings has announced half-year net profits of $9.6 million, down from $13.7 million over the same period the year before.
The Kuwaiti firm, dually listed on the Kuwait and Dubai exchanges, announced its figures to the Dubai Financial Market on Monday, following approval of accounts by its board of directors on Sunday.
Group CEO Eng. Ebrahim Abdul Rahman Al Saq’abi said Al Mazaya continued to boost its operating performance during the first half of the year, and was considering investment opportunities in both markets it is currently working in and on global markets, especially in Europe, in line with its expansion plans.
