Dubai Mall helps to lift Emaar Malls Group profit | The National

Dubai Mall helps to lift Emaar Malls Group profit | The National:



"Emaar Malls Group, the retail unit of Emaar Properties, posted a 5 per cent increase in fourth-quarter net profit to Dh412 million last year from Dh394m, led by an increase in traffic to its flagship The Dubai Mall, the firm said. 




For 2014, the Dubai-listed firm posted a 23 per cent increase in net profit to Dh1.35 billion from Dh1.1bn a year earlier. Revenue was up 13 per cent at Dh2.7bn compared with Dh2.4bn reached in 2013.



Revenue from The Dubail Mall accounted for 82 per cent of the total, which came in at Dh2.2bn, up by 12 per cent from 2013."



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