Dubai: Dubai Financial Market (DFM) on Sunday said 96 per cent of UAE-listed companies were compliant in disclosing their 2019 results within a 45-day deadline from the end of the year.
As much as 47 UAE companies listed on the DFM have disclosed their results, the regulator said, while adding that out of 16 non-UAE firms dually listed on exchange, 14 companies have disclosed their results within the deadline.
The DFM said it employs advanced mechanisms enabling listed companies to swiftly publish their results and any other disclosures through its electronic disclosure system, EFSAH.
The DFM said it submitted a detailed report to the Securities and Commodities Authority (SCA) including the dates of the disclosure and its observations to take the necessary action in regards to companies that missed the deadline.
