Waha Capital posts Dh111m in Q1 net profit
- Date: 04-May-2021
- Source: The National
- Sector:Financial Markets
- Country:UAE
Waha Capital posts Dh111m in Q1 net profit
Abu Dhabi-listed Waha Capital posted a profit during the first quarter as an improving global economic outlook helped its public markets division and the private investments businesses perform well.
The company earned a net profit of Dh111 million ($30.2m) for the three months to March 31, compared to a loss of Dh294m during the same period last year, it said in a statement on Tuesday to the Abu Dhabi Securities Exchange, where its shares trade.
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