Dubai, UAE, 7 August 2024: Amlak Finance PJSC today announced its H1 2024 financial results for the period ended June 30, 2024. The company focused on prudently managing its UAE operations and balance sheet. Amlak reported a net profit of AED 30 million for H1 2024 as compared to net profit of AED 138 million for H1 2023, meanwhile the revenue from financing and investing business increased by 10% to AED 66 million during H1 2024 as compared to AED 60 million in H1 2023. Amlak’s total revenue for H1 2024 excluding a one-off gain of AED 154 million slightly increased to AED 144 million compared to AED