DFM Company posts net profit of AED 147.1mln in 2022


DFM Company posts net profit of AED 147.1mln in 2022

- The 41.7% jump in net profit echoes the strong improvement in trading value to AED 90 billion

- DFM’s success as one of the most active markets for IPOs globally underscores the accelerated efforts to implement Dubai’s capital markets’ development strategy

- The Market Capitalization increased by 41.4% to AED 582 billion

- Foreign investors contributed 48.7% of trading activity with net purchases of AED 5 billion

- The DFM attracted 167,332 new investors, bringing its investor base to over 1 million investors from 212 nationalities

Dubai: Dubai Financial Market Company (PJSC) today announced its consolidated results for the fiscal year ending on 31st December 2022, registering an increase of 41.7% in net profit to AED 147.1 million compared to AED 103.8 million in 2021. With a total revenue of AED 351.2 million, up 19% compared to last year’s AED 294.6 million, DFM reins in a successful close to 2022.

In the fourth quarter of 2022, the Company posted a net profit of AED 58.1 million compared to AED 65.7 million in the corresponding period of 2021, while its total revenue of the period reached to AED 113.4 million compared to AED 111.5 million in Q4-2021.

During a Board meeting today, the Board of Directors reviewed

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