National Corporation for Tourism and Hotels (NCTH)

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News

30 October 2024 00:36 PM NCTH sees higher revenues in 9M-24; profits near AED 41m

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) logged net profits valued at AED 40.79 million in the first nine months (9M) of 2024, compared with AED 40.85 million in 9M-23. Revenues hit AED 495.63 million as of 30 …

Financial Results

4 August 2024 03:29 PM NCTH’s profits fall to AED 30m in H1-24

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) registered net profits valued at AED 30.18 million in the first half (H1) of 2024, down year-on-year (YoY) from AED 35.87 million. Revenue hiked to AED 335.10 million in the …

Financial Results

7 May 2024 02:10 PM NCTH sees higher net profits in Q1-24

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) logged net profits after tax valued at AED 19.57 million in the first quarter (Q1) of 2024, versus AED 19.16 million in Q1-23. NCTH generated revenues amounting to AED 171.72 …

Financial Results

12 March 2024 00:37 PM NCTH to acquire 3 units of Alpha Dhabi’s businesses; financials unveiled

Abu Dhabi – Mubasher: The board members of Alpha Dhabi Holding approved an offer from the National Corporation for Tourism and Hotels (NCTH) to acquire the entire shareholding of some of its business units. NCTH plans to own Hill View Resorts in …

Companies Investments

1 November 2023 02:52 PM NCTH’s net profits shrink in 9M-23 interim results

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) achieved net profits valued at AED 40.85 million in the first nine months (9M) of 2023, down from AED 40.57 million in 9M-22. Operating revenue hit AED 485.59 million in …

Financial Results

1 August 2023 01:10 PM NCTH generates nearly AED 36m net profits in H1-23

Abu Dhabi – Mubasher: The net profits of the National Corporation for Tourism and Hotels (NCTH) stood at AED 35.87 million during the first half (H1) of 2023, an annual increase from AED 28.22 million. Operating revenues declined to AED 333.81 …

Financial Results

5 February 2023 10:23 AM NCTH’s profits shrink 49% in 2022 initial results

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) registered AED 60.46 million net profits in 2022, lower by 48.82% year-on-year (YoY) than AED 118.14 million. The ADX-listed company generated revenues worth AED 712.67 …

Financial Results

31 October 2019 11:25 AM Abu Dhabi's NCTH logs AED 72.5m profit in 9M

Abu Dhabi – Mubasher: The net profit of the National Corporation for Tourism and Hotels (NCTH), listed on the Abu Dhabi Securities Exchange (ADX), amounted to AED 72.49 million during the period from January to September 2019, up from AED 63.17 …

Company News

1 October 2019 11:27 AM ADX credits NCTH's bonus shares to shareholders' portfolios

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced that the register of the National Corporation for Tourism and Hotels (NCTH) has been updated by distributing 5% bonus shares. The bonus shares have been allotted to the …

Company News

19 September 2019 11:25 AM National Corporation’s board approves cash dividends

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels’ (NCTH) board approved the distribution of cash dividends for the first half of 2019. The approved dividends amount to 10 fils per share, according to a bourse statement. The board …

Real estate

6 August 2019 01:28 PM Abu Dhabi's NCTH logs AED 55.5m net profit in H1

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) has posted an AED 55.52 million in net profit for the first half of 2019, compared to AED 49.88 million. Revenue grew to AED 373.41 million during the six-month period ended …

Financial Results

7 May 2019 00:05 PM Abu Dhabi NCTH logs AED 37.5m profit in 3M

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) has posted a 21% year-on-year increase in profits for the first quarter of 2019. Net profits amounted to AED 37.5 million in the first three months of 2019, versus AED 31.1 …

Financial Results

4 April 2019 11:52 AM National Corporation’s board proposes 10% dividends, bonus shares for FY18

Abu Dhabi – Mubasher: The National Corporation for Tourism and Hotels’ (NCTH) board of directors has recommended distributing a cash dividend worth 10 fils per share, representing 10% of the share’s nominal value, to shareholders for the year …

Cash Dividends

4 February 2019 01:13 PM National Corporation profit falls 3% in 2018

Abu Dhabi – Mubasher: The National Corporation for Tourism and Hotels (NCTH) reported a 3.25% year-on-year drop in profits for the full-year 2018. Net profits amounted AED 100.5 million ($27.37 million) during 2018, compared to AED 103.8 million …

Financial Results

31 October 2018 11:44 AM National Corporation for Tourism profits fall in Q3, 9M

Abu Dhabi – Mubasher: The National Corporation for Tourism and Hotels (NCTH) has revealed that its profits for the third quarter and first nine months of 2018 had declined. The company achieved AED 13.3 million ($3.62 million) in net profits for …

Financial Results

22 April 2018 09:59 AM NCTH nods to 10% bonus shares for FY17

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels’ (NCTH) general meeting approved the distribution of bonus shares of 10%, or at 1-for-10 basis ratio of the company’s capital for 2017. Accordingly, the company’s capital will stand …

Corporate Actions

13 February 2018 05:13 PM NCTH profits down 8.5% in Q4-17

Abu Dhabi - Mubasher: National Corporation for Tourism and Hotels (NCTH) reported a decline in profits for the fourth quarter of 2017 by 8.5% year-on-year, according to a bourse filing. The company said in a statement to the Abu Dhabi Securities …

Financial Results

30 October 2017 04:56 PM NCTH incurs 48.6% YoY net profit drop in 9M

Abu Dhabi – Mubasher: The National Corporation for Tourism and Hotels (NCTH) on Monday posted its financial results for the first nine months of 2017, which showed a 48.6% year-on-year decrease in net profits to AED 68.02 million. The decline in …

Financial Results

25 April 2017 09:08 AM NCTH approves bonus shares for FY16

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) said its shareholders approved 20% bonus shares for the fiscal year 2016, according to a bourse statement. The company’s capital amounts to AED 567 million, distributed on …

Corporate Actions

23 February 2017 05:41 PM NCTH proposes bonus shares for FY16

Mubasher: The board of National Corporation for Tourism and Hotels recommended a distribution of 20% bonus shares to the entitled shareholders for the fiscal year 2016. The ordinary general meeting (OGM) will discuss the board’s proposal on 24 …

General Assembly

1 November 2016 02:11 PM NCTH profits rise 87% in Q3

Abu Dhabi – Mubasher: The National Corporation for Tourism and Hotels (NCTH) posted a 87.4% growth year-on-year in its profits during the third quarter of 2016, according to a bourse statement. Net profits reached AED 49.5 million ($13.5 million) …

Financial Results

19 September 2016 05:05 PM NCTH’s board to meet 21 September

Abu Dhabi - Mubasher: The National Corporation for Tourism and Hotels announced that its board will meet on 21 September to review the progress of the current under construction projects, as well as the process of selling the company’s stake in …

Board of Directors

2 August 2016 09:51 AM NCTH profits up 18.5% in Q2

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) saw a 18.5% rise in the second quarter’s profits, according to a bourse filing. Its net profits reached AED 37.77 million ($10.28 million) during the second quarter, compared …

Financial Results

23 March 2016 09:46 AM NCTH shareholders approve annual dividends

Abu Dhabi-Mubasher: Shareholders of National Corporation for Tourism and Hotels (NCTH) gave the go-ahead Tuesday on a dividends payout for 2015, according to a bourse statement. The approval was given on 15% cash dividends, equivalent to 15 fils …

General Assembly

6 March 2016 04:13 PM NCTH’s shareholders approve cash dividends, bonus shares for FY15

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) announced on Sunday that its ordinary general meeting (OGM) will be held on 22 March. The OGM will discuss a proposal to distribute cash dividends at 15% of the company’s …

Event