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BHM Capital Financial Services PSC Earnings Release 2021

Nov 16, 2021

66391_rns_2021-11-16_3f16097d-e789-4fb3-8406-4f5a5e98f580.pdf

Earnings Release

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Company continues to deliver strong results

BHM Capital reports net profit of AED 9.2 million in Q3 of 2021

Dubai, 15 November 2021: BHM Capital, the leading financial services company in the UAE, has posted strong results, announcing net profit of AED 9.2 million for the nine-months ending 30[th] September 2021, with a 170.4% growth rate compared to the corresponding period last year, whereby, the company’s total revenue grew from approximately AED 28 million in Q3 2020 to AED 40.5 million in 2021

Abdel Hadi Al Sa’di, Chief Executive Officer of BHM Capital, said: “We are pleased to report another quarter of top growth as net profit increased by 170.4%. Our diversified portfolio continues to serve us well, and we believe the excellent results across the board in Q3 reflect confidence in our innovative services and products.”

He added: “With improving business and consumer sentiment and investor confidence continuing to rise, we expect that we can sustain this momentum for the remainder of this year.”

BHM Capital (formerly BH Mubasher) is a leading financial services company which has been providing full-fledged investment services and products in the financial markets in the United Arab Emirates and the region since 2006.