99.1pc of listed firms reveal Q1 financials

ABU DHABI — The Securities and Commodities Authority (SCA) has said that the disclosure rate of public joint stock companies (PJSCs) for the first quarter of the 2010 year has reached 99.1 per cent.

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Published: Thu 20 May 2010, 11:27 PM

Last updated: Mon 6 Apr 2015, 5:08 PM

Out of a total of 106 public joint stock companies listed on securities markets in the country, 105 firms have declared their financial statements. The Authority pointed out that 122 companies out of a total of 132 listed on the UAE markets have furnished it with their annual financial statement within the timeframe stipulated by law, to bring the total rate of disclosure of all listed companies to 92.4 per cent, following the exemption of Firdaus Holding Co, whose financial year ends on March 31, 2010. haseeb@khaleejtimes.com


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