Gulf Navigation Holding PJSC
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Year to date
-0.09 %
3 months
0.10 %
6 months
-0.07 %
1 year
0.19 %
3 years
0.00 %
5 years
0.00 %
Gulf Navigation Holding (“the Company”) changed its legal form to Public Joint Stock Company and became Gulf Navigation Holding PJSC in October 2006. The Company is a holding company with shipping and maritime related activities undertaken through its subsidiaries. The business areas encompass marine transportation of commodities, chartering of vessels, ship agencies, marine transport undertaken by special passengers and merchant contracts, clearing and forwarding services and container loading, unloading, discharging and packing services etc.
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News Update From Gulf Navigation Holding PJSC
Disclosure: Financial statements for the 1st QTR of 2024
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting
News Update From Gulf Navigation Holding PJSC
Disclosure: BOD meeting
News Update From Gulf Navigation Holding PJSC
Disclosure: Resolutions of General Assembly
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of Board Decisions by Passing
News Update From Gulf Navigation Holding PJSC
Disclosure: Board Decisions by Passing
News Update From Gulf Navigation Holding PJSC
Disclosure: Notification from the Company
News Update From Gulf Navigation Holding PJSC
Disclosure: Invitation of General Assembly
The text is a template for a Proxy or Power of Attorney form for shareholders of the Gulf Navigation Holding Company. After filling out the form, shareholders are to send it, along with any necessary supporting documents, to CapitalMarketsTeam@adcb.com. The proxy allows a named individual to represent the shareholder and vote on their behalf at the Annual General Assembly meeting, which will be held both in person and virtually on April 29, 2024, or any adjourned meeting. The form also requires the contact details of the shareholder, the date, and the shareholder's signature. The name and contact details of the financial broker or entity that approved or verified the proxy are also required.
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News Update From Gulf Navigation Holding PJSC
Disclosure: Press release regarding financial results for the year 2023
Gulf Navigation Holding PJSC (GULFNAV), a maritime and shipping company listed on the Dubai Financial Market, reported a net profit of AED 21 million in 2023, a significant turnaround from a net loss of AED 7.6 million in 2022. The company's gross profit reached AED 9.6 million, predominantly driven by the chartering business. Total assets were AED 1 billion, up from AED 785 million in 2022. Shareholders' equity increased by 42% to AED 596 million. However, gross revenues from operations fell by 23% to AED 106 million, due to necessary vessel repairs and dry docking. Other revenue and income rose by 64% to AED 33 million due to resource management and restructuring. The company also reduced operating costs by 18% and financing costs by 32%.
News Update From Gulf Navigation Holding PJSC
Disclosure: Financial statements for the year of 2023
The text pertains to the consolidated financial statements of Gulf Navigation Holding PJSC and its subsidiaries for the fiscal year ending on December 31, 2023.