SHUAA 2012 results and successful strategy execution in line with market guidance

DUBAI, UAE, February 10, 2013 /PRNewswire– Full Year 2012 highlights: Total Revenues up 38% to AED137.3 m from AED99.3 m in FY 2011 Total Expenses reduced by AED163.0 m, a 45% improvement, to AED199.3 m from AED362.3 m in FY 2011 Net Loss improved by 80% to AED59.0 m, a reduction of AED234.8 m on prior year Lending and Asset Management were profitable in 2012 Cost/Income Ratio was 138% an…