News tagged "Net profit"

NREC's total operating revenue surged to US$ 46 mn in H1 2018

NREC's total operating revenue surged to US$ 46 mn in H1 2018

14th August 2018

According to *Tradearabia news report, Kuwait-based National Real Estate Company (NREC), a leading real estate developer with a major presence in the region, said its total operating revenue surged to KD14.02 million ($46 million) for the first half up 46.05 per cent over the same period last year.[..]

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Sreco posts US$ 8.23 mn net profit for Q2 2018

Sreco posts US$ 8.23 mn net profit for Q2 2018

13th August 2018

According to *Tradearabia news report, Al Akaria Saudi Real Estate Company (Sreco), one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), has posted SR30.27 million ($8.23 million) net profit for the second quarter, up 46.16 per cent over last year.[..]

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RAK Properties registers healthy net profit at AED29 mn

RAK Properties registers healthy net profit at AED29 mn

8th August 2018

According to *MENA Herald news report, RAK Properties on August 2nd announced its financial results for the first six months of the fiscal year 2018 following its Audit Committee meeting which was chaired by Dr. Mohammed Abdulla Mohammed Al Mehrezi  Audit Committee Chairman.[..]

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Emaar Malls records 8% net profit growth for H1 2018

Emaar Malls records 8% net profit growth for H1 2018

31st July 2018

According to *Menaherald news report, Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties PJSC, has recorded a growth of 8 per cent in its net profit for the first half (January to June) 2018 to AED 1.102 billion (US$ 300 million) compared to the H1 2017 net profit of AED 1.021 billion (US$ 278 million). Revenue for half-year 2018 is AED 2.103 billion (US$ 573 million), an increase of 29 per cent over H1 2017 revenue of AED 1.624 billion (US$ 442 million).[..]

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Damac Properties posts 45% drop in net profit in Q1

Damac Properties posts 45% drop in net profit in Q1

16th May 2018

According to *Tradearabia news report, Damac Properties, a leading luxury property developer, posted a 45 per cent drop in its net profit for the first three months of the year which fell to Dh484 million ($131.7 million) from Dh880.4 million ($240 million) for the same period last year.[..]

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Drake & Scull International wins net profit of US$ 1.9 mn for Q1

Drake & Scull International wins net profit of US$ 1.9 mn for Q1

15th May 2018

According to *Tradearabia news report, Drake & Scull International, a regional leader in engineering and construction services, has achieved an overall net profit of Dh7 million ($1.9 million) for the first quarter, compared to the net loss of Dh839 million ($228 million) declared during the same period last year.[..]

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Seef Properties posts net profit of US$ 5.93 mn for Q1 2018

Seef Properties posts net profit of US$ 5.93 mn for Q1 2018

15th May 2018

According to *Tradearabia news report, Seef Properties, a leading integrated real estate company in Bahrain, has posted a net profit of BD2.25 million ($5.93 million) for the first quarter compared to BD2.45 million ($6.45 million) during the same period last year.[..]

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