A net profit of Dhs269m for the three months ended 31 March 2009 ('the Period') was reported by Dubai Investments PJSC ('DI'), with consolidated total income of Dhs831m.

An increase in total assets as on 31 March 2009 was seen to Dhs14.36bn, a growth of 25 per cent over the total assets of Dhs11.47bn as at 31 March 2008.

For the same day, Net Worth increased to Dhs7.53bn, a growth of 39 per cent over the Net Worth of Dhs5.42bn as at 31 March 2008.

33% is the annualized return on Share Capital was achieved for the Period.

The company said in a statement, "These results exceeded our expectations and we anticipate the positive trend to continue in the future. We are now targeting new geographical markets to generate additional revenue streams which would enable us to absorb some of the effects of the downturn."

(Via TopNews Arab Emirates. Contributed by Faarooq Mehmood)