| 27.04.2010 - Tabreed profit rises on gains from convertible Sukuk |
| From Businessweek.com: National Central Cooling Co., the Abu Dhabi-based refrigeration company, said first-quarter profit almost quadrupled on gains from its Islamic convertible bonds. Net income surged to 40.4 million dirhams ($11 million) from 10.7 million dirhams in the year-earlier, the company, known as Tabreed, said in a statement to the Dubai bourse today. Revenue declined to 184.6 million dirhams from 189.7 million dirhams.........................................Full Article: Source |