The company, in which sovereign fund Investment Corporation of Dubai (ICD) owns an 11.5-percent stake, reported a net profit of AED137.9 million ($37.5 million) for the second-quarter according to Reuters calculations, compared with 196.3 million in the same period in 2010.
Reuters calculated the net profit figure from previous financial statements. Its first-half net profit was AED239 million, the company said in a statement on Tuesday.
Dubai Investments is involved in several sectors ranging from real estate to manufacturing. Its manufacturing business faced setbacks due to regional unrest in key markets like Libya, Syria and Yemen, the company said last month.
It has so far secured only a quarter of the AED1.2-billion loan it wanted to raise for expansion purposes.
“Negotiations for additional facilities are at advanced stages and expected to be concluded in the second half of the year,” said Chief Executive Khalid bin Kalban.
Dubai Investments also put off for at least two months a planned initial public offering for its private equity unit Masharie.
Shares of the company ended 1.9 percent lower on the Dubai stock exchange on Tuesday.
The results were announced after the markets closed.
