ADX achieves 100% in disclosure compliance

ABU DHABI, Abu Dhabi Securities Exchange, ADX, announced that it has succeeded in achieving a compliance rate of 100 percent regarding the disclosure of the annual financial statements of its 69 listed public and private joint stock companies within the deadline of 90 days from the end of the fiscal period.

All public and private joint stock companies listed on ADX disclosed their annual financial statements for 2017 within the 90 days period given.

The total net profit of all public listed companies as of 31st December 2017 has shown an increase of 144.59 percent in comparison to the same period last year. The highest recorded growth was in the services sector with 125.55 percent, followed by the energy sector with 118.79 percent.

Source: Emirates News Agency