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Thursday, 20 July 2017

Deyaar Development's first-half revenues rocket - The National

Deyaar Development's first-half revenues rocket - The National:

"Deyaar Development reported a first-half 135 per cent year-on-year increase in revenues to Dh316.4 million, up from Dh134.9m in the same period last year, for the six months ending June 2017. The rise was driven by sales of its properties and construction progress at The Atria and Mont Rose projects, both of which currently exceed 75 per cent completion, it said. Deyaar, based in the UAE, also recorded first-half net profit of Dh67m, down from Dh111.3m in the same period last year. This year’s net profit figure was a result of the progress in Deyaar’s flagship projects, it said."



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