Property News · August 2, 2016

Abu Dhabi's Aldar Properties Q2 net profit up 9.7 per cent


Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a 9.7 per cent rise in second-quarter net profit on Tuesday, beating a forecast by investment bank SICO Bahrain.Aldar made a profit of Dh657.4 million in the three months to June 30, it said in a statement, compared with a profit of Dh599.2m in the prior-year period.SICO Bahrain forecast Aldar would make a quarterly profit of Dh384.1m.More to follow.business@thenational.aeFollow The National’s Business section on Twitter

Source : thenational.ae
Read more…Abu Dhabi’s Aldar Properties Q2 net profit up 9.7 per cent

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