Abu Dhabi – Mubasher: The net profits of Eshraq Investments jumped by 40% year-on-year (YoY) to AED 14.35 million in the first quarter (Q1) of 2022, compared to AED 10.25 million, according to the company's unaudited consolidated financials.
The company generated revenues of AED 11.51 million in Q1-22, up from AED 5.30 million in the same period of 2021.
The basic and diluted earnings per share (EPS) stood at AED 0.006 in the first three months (3M) of 2022, versus AED 0.004 in the year-ago period.
It is noteworthy to mention that in 2021, the company achieved net profits of AED 38.42 million, against net losses of EGP 80.03 million in the earlier year.
