INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

UDC profit up 23% in H1 2022

United Development Company (UDC) has reported a net profit of US$46,043,956.
  • The EPS amounted to QR 0.047 as of June 30, 2022, versus an EPS of QR 0.038 for the same period in 2021
  • United Development Company was established in 1999 and has an authorized capital of QR 3.5 billion

United Development Company (UDC) has reported a net profit of QR 167,600,000 (US$46,043,956) compared to a net profit of QR 135,781,000 for the same period of the previous year. 

The earnings per share (EPS) amounted to QR 0.047 as of June 30, 2022, versus an EPS of QR 0.038 for the same period in 2021.

UDC was established in 1999 and has an authorized capital of QR 3.5 billion.