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ADIA also invests in development projects including malls. [13] Many of ADIA's investments have decreased substantially since investments were made at market peaks in 2007 and 2008. The $7 billion investment in Citigroup has lost approximately 90% of its value as of 26 November 2009, 2 years after it acquired a sizable stake in the bank.
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For calendar year 2024, CSBG revenue increased 11% to $6.6 billion, exceeding our expectations. Gross margin came in at 48.2%, which was the highest annual result since Lam merged with Novellus in ...
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Fourth Quarter and Calendar Year 2024 Highlights: Fourth Quarter 2024. Net sales of $541.6 million; Gross profit margin of 32.5%; Income from operations of $89.8 million; Net income of $87.7 million; Earnings per diluted share of $0.39; Calendar Year 2024. Net sales of $2.31 billion, a new annual sales record; Gross profit margin of 33.3%
The Abu Dhabi Investment Council was splintered off from ADIA in 2007 and took over all local subsidiaries previously owned by ADIA including Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Abu Dhabi Investment Company (Invest AD). [7] Since 2013 the council has been based at Al Bahr Towers.
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News Home Performance Highlights Net Income: Net income for the quarter ended December 31, 2024, was $2.0 million or $0.19 per share, compared to $919 thousand or $0.09 per share, recorded in the prior linked quarter and $1.3 million or $0.12 per share, in the comparable 2023 quarter.