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DFM reports 696% surge in Q1 net profit

: Thursday, April 24 - 2014 @ 11:55

Dubai Financial Market (DFM) has said its net profit for the first quarter of the year surged 696% to Dhs215.1m ($58.5m) from Dhs27m during the same period in 2013. Total revenue has increased 289% to Dhs255.6m, compared with Dhs65.7m a year ago. Meanwhile, operating expenses rose to Dhs40.5m from Dhs38.7m during the same quarter of 2013.

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Thursday, April 24- 2014 @ 11:55 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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