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UAE-based exchange house Al Ansari Financial Services posted a Q2 net profit attributable to shareholders of 106.7 million dirhams ($29 million), versus AED 130.3 million in the year-ago period.
The net profit beat analysts’ mean estimate of AED 105 million, according to LSEG data.
The company, which listed on Dubai's DFM in 2023 following an IPO, had a total income of AED 299.9 million for Q2 compared with AED 297.4 million in Q2 2023.
(Writing by Brinda Darasha; editing by Seban Scaria)
