DI registers Dhs239m profit in H1

Dubai Investments (DI), the largest investment company listed on the Dubai Financial Market has  announced its financial results for the six month (H1) period ended 30 June 2011. DI reported profits of Dhs239 million for the period with total income at Dhs1.37 billion. Total assets as on 30 June 2011 amount to Dhs14.3 billion while total liabilities amount to Dhs5.1 billion. Net worth of the company stands at Dhs9.2 billion.Khalid Bin Kalban, Managing Director and CEO, Dubai Investments, said: “The Group remains well capitalized with equity of Dhs9.2 billion over an asset base of Dhs14.3 billion and a leverage ratio of less than 25 per cent.”  From / Gulf Today