Emirates E7 Group announced that the group's net profit before tax for the first nine months of 2024 was 180.8 billion dirhams, an increase of 82% compared to last year.
Publish dateWednesday 13 November 2024 - 10:24
According to Amac News: In a statement published today (Tuesday, November 12), E7 Group said that the group's 9-month net profit after tax increased by 65% to 164.5 million dirhams, and the profit margin increased from 21% to 33%. It has increased year by year.
E7 Group's revenue in the third quarter of 2024 reached 190.9 million dirhams, which represents an increase of 7% compared to last year.
For the first nine months of 2024, E7 Group's revenue reached 491.7 million dirhams, which is 6% more than the previous year.
The EBITDA margin in this period was stable and equal to 31%. In the first 9 months of 2024, EBITDA increased by 5% to 129.9 million dirhams.
E7 Group's cash balance and bank accounts at the end of the first 9 months of 2024 reached 1.44 billion dirhams, which puts the group in a good position to invest in strategic growth opportunities.
E7 Group's revenue in the third quarter of 2024 reached 190.9 million dirhams, which represents an increase of 7% compared to last year.
For the first nine months of 2024, E7 Group's revenue reached 491.7 million dirhams, which is 6% more than the previous year.
The EBITDA margin in this period was stable and equal to 31%. In the first 9 months of 2024, EBITDA increased by 5% to 129.9 million dirhams.
E7 Group's cash balance and bank accounts at the end of the first 9 months of 2024 reached 1.44 billion dirhams, which puts the group in a good position to invest in strategic growth opportunities.
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Source : news agency wam
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