MAF makes expansion plans as earnings rise by 8 per cent | The National:
"Majid Al Futtaim (MAF), the conglomerate behind Mall of the Emirates, is forging ahead with expansion plans after registering an 8 per cent increase in earnings last year thanks to broad-based growth. Earnings before interest, taxes, depreciation, and amortization (Ebitda) rose to Dh4.1 billion, while revenue grew 9 per cent to Dh29.9bn, the group said in a statement yesterday. MAF, which operates 20 malls, attributed revenue growth to the opening of new hypermarkets, supermarkets and family entertainment centres across the company’s geographic reach."
'via Blog this'
No comments:
Post a Comment