EMAAR PROPERTIES RECORDS 19% GROWTH IN NET PROFIT TO AED 3.620 BILLION (US$ 986 MILLION) IN 9-MONTHS OF 2016

EMAAR | November 08, 2016

EMAAR PROPERTIES RECORDS 19% GROWTH IN NET PROFIT TO AED 3.620 BILLION (US$ 986 MILLION) IN 9-MONTHS OF 2016
Global property developer Emaar Properties recorded 19 per cent growth in net profit to AED 3.620 billion (US$ 986 million) during the first nine months (January to September) of 2016 compared to a net profit of AED 3.048 billion (US$ 830 million) during the same period in 2015.

Revenue for the first nine months of 2016 was AED 11.103 billion (US$ 3.023 billion). This is an increase of 13 per cent over the revenue of AED 9.849 billion (US$ 2.681 billion) during the same period last year.

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