Research

February 1, 2009

Market & Company News

Stock Symbol

Sharjah Cement & Industrial Development

Date

1/2/2009

Event

The company declared its end of year 2008 financial performance achieving AED 383 million as net profit compared with AED 341 million in 2007

Comment

-

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Stock Symbol

RAK Ceramics

Date

1/2/2009

Event

The company announced its Financial Statements for the year ends 31/12/2008 recording AED 205.6 as net profit.

Comment

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Stock Symbol

Abu Dhabi Ship Building

Date

1/2/2009

Event

The company recorded AED 103.1 million as a net profit for the Financial year ends 31/12/2008

Comment

-

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Stock Symbol

Sudatel

Date

1/2/2009

Event

The company recorded US$ 164.3 million as net profit in 2008 compared with US$ 225.8 million in 2007

Comment

-

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Stock Symbol

AMLAK

Date

31/1/2009

Event

BOD meeting

Comment

BOD discussed the following:
- Approved the drafted Financial Statements for the year ends 31/12/2008

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Stock Symbol

DanaGas

Date

1/2/2009

Event

The company announce its end of year Financial Results for 2008 recording AED 258 million as a net profit compared with AED 307 million in 2007

Comment

-

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Stock Symbol

GulfNav

Date

1/2/2009

Event

BOD meeting

Comment

BOD discussed the following:
- Approved the drafted Financial Statements for the year ends 31/12/2008.
- The proposal for distributing 8% as cash dividend.

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