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Fri 17 Jul 2009 09:03 AM

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Dubai Financial Market Q2 net profit falls 48%

DFM's Q2 net profit fell 47.7 percent to 128.3 million dirhams ($34.93m).

Dubai Financial Market Q2 net profit falls 48%
FINANCIAL MARKET: The firm did not give a breakdown of its results.(Getty Images)

Dubai Financial Market second-quarter net profit fell 47.7 percent to 128.3 million dirhams ($34.93m), according to Reuters calculations based on first half results released on Thursday.Net income in the three months to June 30 fell to 128.3 million from 245.45 million dirhams in the year-earlier period. Profit for the first half of the year was 186.8 million dirhams, the firm said in a statement, without giving a year-on-year comparative figure.

The firm did not give a breakdown of its results. (Reuters)

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