2023-10-24 14:08:48
Dubai – Mubasher: BHM Capital Financial Services Company, listed on the Dubai Financial Market, achieved a growth in its profits during the first nine months of 2023, by 145 percent, to reach approximately 27 million dirhams.
The company’s total assets increased by 18 percent at the end of the first nine months of 2023, reaching 889.8 million dirhams, compared to 757.2 million dirhams at the end of last year. The return from trading commissions and consulting fees also witnessed a growth of 61 percent, reaching 57.48 million dirhams at the end of September. 2023, compared to 35.74 million dirhams in the same period last year, according to the Emirates News Agency, WAM, today, Tuesday.
The company’s total income at the end of the first nine months of this year jumped by 63 percent, exceeding 96.21 million dirhams, compared to 59.07 million dirhams in the same period last year.
Abdul Hadi Al-Saadi, CEO of BHM Capital Financial Services, said: “These results reflect the continued strong performance in the current year, and are a positive indication of the effective strategy pursued by the company, thanks to the advanced services it has worked on in the past period, as well as the partnerships that it has developed.” It has enhanced the growth of operations and attracted broader segments of investors and customers.”
Al-Saadi pointed out that the company seeks to contribute effectively to advancing economic growth in the UAE, and to enable investors to access the best opportunities in the financial markets, whether at the local, regional or global levels.
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