GuestPosts.Biz
ONLY webinars - visit onlywebinars.com ONLY webinars - visit onlywebinars.com
Advanced Search
Home / News / Company News
Company News
   


ADX Achieves 99PC In Disclosure Compliance
(20 August 2014)

 

Abu Dhabi Securities Exchange (ADX) on Wednesday announced that it has succeeded in achieving a compliance rate of 99 percent regarding the disclosure of the 2nd quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period.

ADX said 64 listed local and foreign companies disclosed their second quarter financial statements for 2014 within the 45 days period given.

ADX noted that the combined net profit of all listed companies as of 30 June 2014 has shown an increase of 19 percent in comparison to the same period in 2013.

The highest recorded increase was in the investment and financial services sector with an increase of 767 percent, followed by the energy sector with an increase of 94 percent.

Saif Sayah Al Mansouri, Head of Listed Companies at ADX commented, "The collaboration between ADX and its listed companies has always proved to be a productive one. We can clearly see the positive impact of this cooperation through the companies' fulfillment of their obligations on the disclosure of the 1st quarter financial statements."
 



We accept Guest Posts

Download the Dubai City Guide iPhone mobile app


DubaiCityGuide.com is owned and managed by Cyber Gear



advertisement info

  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     

 
email print
 
       
       
       
       


News Alerts
News Alerts
Stay ahead with abu dhabi news
dcg mobile
adcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Abu Dhabi Blog
Your space, your voice
sitemap
Sitemap
ADCG at a glance