trending Market Intelligence /marketintelligence/en/news-insights/trending/x_3Us_30NEIp1gIyBRb78g2 content esgSubNav
In This List

Marka posts Q2 loss

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Marka posts Q2 loss

Marka PJSC said its normalized net income for the second quarter was a loss of 1.6 million dirhams.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 2.8%.

Total revenue totaled 57.7 million dirhams, and total operating expenses came to 56.1 million dirhams.

Reported net income came to a loss of 2.1 million dirhams, or a loss of 0 fils per share.

As of Aug. 6, US$1 was equivalent to 3.67 United Arab Emirates dirhams.