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Emirates Driving Company, listed on the Abu Dhabi Securities Exchange (ADX) under the symbol “DRIVE,” announced that its General Assembly, convened on March 11, 2025, approved a cash dividend distribution to shareholders for the fiscal year ended December 31, 2024. Image Courtesy: Emirates Driving Company
Abu Dhabi – Emirates Driving Company generated AED 68.80 million in net profit after tax during the first quarter (Q1) of 2025, an annual rise of 8% from AED 63.97 million.
Revenues hiked by 85% to AED 167.10 million in Q1-25 from AED 90.14 million in Q1-24, according to the consolidated financial results.
The earnings per share (EPS) remained unchanged at AED 0.06 as of 31 March 2025.
In the 12-month period that ended on 31 December 2024, the company’s net profits after tax jumped by 6% YoY to AED 282.36 million from AED 267.14 million.
Source: Mubasher
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