Majid Al Futtaim Net Profit Rises 12 % To Dh2 . 7 Billion In 2023
One of the world s biggest retailers has reported a significant increase in net profits for 2023, according to reports from the Financial Times and the Khaleej Times newspapers on Thursday, 17 January, 2020. These are the full financial results of its latest annual earnings growth forecasts, as the group announced its net revenue. But The BBC News Arabic has learned that the company is confident to deliver value-accretive, profitable and healthy business, but it is looking for another recovery in the Middle East, Africa, Asia and Central Asia which could be worth more than $2.5bn (2.1b) - while the Ebitda and Majid Al Futtaim shares have reached higher than previously expected levels of profit for the first time in their history, and it has recorded an increasing profit of 7% in 2023 and will continue to grow within the next five years. Why is it going to achieve further improvements in its business performance and how it delivers value to its customers and customers in 2022. The company says it will remain behind the impact of economic challenges including the global currency devaluation, the market dynamics and consumer behaviour, in what it said is the strongest expansion since its founder, Ibrahim Galal Ismail, has confirmed it was successfully expanding its assets and business across the country, after being crowned as chief executive officer, Abdul Fattah al-Adham, who was founded by the BBC.
Source: menafn.comPublished on 2024-03-14
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