Emirates Steel Arkan net income surges in 2023
The UAE’s largest steel maker saw its net profits jump 18% to AED 601.9 mn, while revenues fell 6.3% y-o-y…
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The UAE’s largest steel maker saw its net profits jump 18% to AED 601.9 mn, while revenues fell 6.3% y-o-y…
Net profits dropped by 4% to AED 960 mn
Dewa’s net income dropped to AED 7.9 bn in 2023.
NWTN Motors reported USD 69.8 mn in net losses for 1H 2023.
While net income took a hit, revenues rose 9.5% y-o-y in 3Q
The drop is driven by lower contribution from gas and oil
Dewa draws the highest quarterly revenues and net profits in history
The company is looking forward to a better 4Q
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