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Article: Aabar announces AED 1.478 billion profit for 3rd quarter

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Al Bawaba
Article date:
October 29, 2009
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Abu Dhabi's Aabar Investments PJSC ("Aabar") has made a profit of AED1.478 billion for its third quarter. Aabar's book value per share increased from AED3.50 in the second quarter, to AED3.97 in the third quarter.

Aabar's shareholder equity has increased from AED10.93 billion in the second quarter to AED12.41billion in the third quarter and the statements show a net profit of AED1.478 billion in the third quarter. Khadem Al Qubaisi, Chairman of Aabar, said "I am delighted with the results that Aabar has achieved in yet another successful quarter for the company. The increase in Aabar's profit for this quarter can be largely attributed to its very successful investment in Daimler which has ...

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