Abu Dhabi National Hotels announces 20 percent profit growth for 2003

Published March 8th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Abu Dhabi National Hotels (ADNH) has reported preliminary results for the year 2003, with profits up 20 percent over the previous year. Earnings reached 210.3 million Emirati dirhams ($57 million) compared to Dh 175 million in 2002. 

 

ADNH was established more than 20 years ago with interests in 3, 4 and 5 star hotels in addition to Sunshine Tours and its transportation business Al-Ghazal. ADNH also has a joint venture with the international catering and services company Compass covering their respective catering operations throughout the Middle East under the banner of ADNH Compass. — (menareport.com) 

 

 

© 2004 Mena Report (www.menareport.com)