DFM 4Q2015 net profit down 76% Y-o-Y; cash dividend AED0.05/share
DFM posted a net profit of AED261 million (EPS: AED0.03) for 2015, down 66% Y-o-Y, on account of a drop in trading value. The trading value dropped 60% Y-o-Y to AED151 billion in 2015. For 4Q2015, the DFM reported a net profit of AED16 million, down 64% Q-o-Q, and 76% Y-o-Y. The bourse announced a cash dividend of AED0.05/share, which translates into a pay-out of 153%. (Company disclosure)
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