Aldar Properties Profits Up By 137.9%

Monday, October 27, 2008

Income from property sales has raised Aldar Properties' net profits by 137.9% to Dhs3.62bn in the first nine months of 2008 compared to the same period of 2007. Net operating profit registered Dhs2.11bn, compared to a net operating loss of Dhs283.3m last year. The value of developments under construction has also increased by 119.2% to Dhs18.26bn.

Source: AME Info

Get Expert Advice!
Bayut.com Community

Bayut.com Awards & Achievements