Handovers lift Nakheel first-quarter profit | The National:
"First-quarter profit at Nakheel increased by an annualised 8 per cent as it opened new shops and hotels and handed over homes.
The Dubai government-owned property developer said net profit came in at Dh1.47 billion for the three months to the end of last month from Dh1.35bn a year earlier.
Nakheel did not provide figures for its turnover during the period or any detailed breakdown of how its profit was achieved."
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