EQUATE Sukuk SPC Limited Reports 35% Decrease In Q3FY19 Revenue

  • Nov 04, 2019 GMT
  • Team Kalkine
  • EQUATE Sukuk SPC Limited (IRSH) has released its third-quarter business results.
  • There was 35 per cent decrease in company’s revenue to $811 million in the reported quarter from $1,247 million in Q3 FY18
  • The company reported a 52 per cent decrease in EBITDA to $264 million from $547 million in Q3 2018.
  • Net income after tax reported a 65 per cent decline from $406 million of the same period last year to $143 million in Q3 2019.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK