Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 99 per cent in disclosure compliance for annual preliminary financial results of the year 2019 of its listed public joint stock companies, domestic and foreign, within the deadline of 45 days from the end of the financial period. 63 out of the 64 companies disclosed their preliminary financial statements for 2019 within the prescribed period.
Moreover, 3 out of 5 private joint stock companies disclosed their annual preliminary financial statements for the year 2019.
ADX emphasized on the fruitful cooperation which exists between the Exchange on the one hand and the listed companies on the other hand. Moreover, ADX explained that this commitment supports the progress of financial markets in the country and at the same time serves the aspirations of the public interest aimed at achieving disclosure and transparency in financial markets.
