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Sunday, 6 November 2016

Dubai's Emaar Malls Q3 net profit rises 16 pct - statement | Reuters

Dubai's Emaar Malls Q3 net profit rises 16 pct - statement | Reuters:

"Emaar Malls, a unit of Emaar Properties, reported a 16 percent rise in third-quarter net profit on Sunday.

* Net profit of 435 million dirhams ($118.4 million) in the three months to Sept. 30, it said in a bourse statement, compared with a profit of 376 million dirhams in the same period a year earlier.

* EFG Hermes forecast: 421.8 mln dirhams

* Quarterly revenue was 774 million dirhams, up 8 percent on a year earlier."



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