Wednesday 29, July 2009 by
Mashreq reports net profit of AED 919 million for the first half of 2009
Mashreq reported a three per cent year on year increase in operating revenues for the first six months of 2009. Revenue for the second quarter of 2009 remained strong at AED 1.2 billion, equal to the first quarter's revenue of the year. The operating expenses went down to AED 440 million, a reduction of eight per cent quarter on quarter.
