News tagged "Net profit"

Manazel Real Estate net profits rise by 56%

Manazel Real Estate net profits rise by 56%

15th February 2017

Manazel Real Estate, a leading UAE developer, said its net profit rose 5.6 per cent to Dh206.5 million ($56 million) from Dh195 million the previous year mainly driven by its successful restructuring and diversification strategy.[..]

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Damac reports net profit of US$ 1bn in 2016

Damac reports net profit of US$ 1bn in 2016

14th February 2017

Damac Properties, a leading property developer in the Middle East, said it has registered a net profit of Dh3.69 billion ($1.04 billion) for the financial year 2016, achieving net margins of 52 per cent.[..]

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Nakheel announces record net profit of US$ 1.35 bn in 2016

Nakheel announces record net profit of US$ 1.35 bn in 2016

2nd February 2017

UAE-based Nakheel, one of the world’s leading developers, has announced a record net profit of Dh4.96 billion ($1.35 billion) for 2016 - the highest in the company’s history - up 13 per cent over Dh4.38 billion ($1.19 billion) the previous year, thus indicating a stable and mature real estate sector in Dubai.[..]

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Aldar registers net profit of US$ 201 mn in Q3

Aldar registers net profit of US$ 201 mn in Q3

9th November 2016

Aldar Properties, a leading real estate developer based in Abu Dhabi, UAE, has registered a net profit of Dh737 million ($201 million) in the third quarter, up 16 per cent over Dh638 million ($174 million) in the same period last year.[..]

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DIC reports net profit of US$ 91 mn in Q3 2016

DIC reports net profit of US$ 91 mn in Q3 2016

2nd November 2016

Dubai Investments (DIC), a leading, diversified investment company listed on the Dubai Financial Market, reported strong third quarter results with net profit for the third quarter surging to Dh334.4 million ($91.04 million), an increase of 36 per cent over Dh246.1 million achieved during the same quarter last year.[..]

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