Amlak Finance has seen its 2023 full-year (FY) net profit fall steeply by 45.6% to AED259 million ($70.53 million) compared to FY 2022 net of AED476 million.
Amlak Finance has seen its 2023 full-year (FY) net profit fall steeply by 45.6% to AED259 million ($70.53 million) compared to FY 2022 net of AED476 million.
Debt settlement arrangements yielded Dh349 million net gain and contributed to total debt reduction of Dh1.07 billion including Mudaraba Instrument of Dh228 million