{"id":12498,"date":"2016-05-10T13:36:54","date_gmt":"2016-05-10T06:36:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=12498"},"modified":"2016-05-10T11:49:40","modified_gmt":"2016-05-10T04:49:40","slug":"abu-dhabis-aldar-properties-q1-net-profit-gains-14-1-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q1-net-profit-gains-14-1-per-cent\/","title":{"rendered":"Abu Dhabi's Aldar Properties Q1 net profit gains 14.1 per cent"},"content":{"rendered":"


\nAbu Dhabi’s Aldar Properties reported a 14.1 per cent rise in first-quarter net profit on Tuesday, maintaining its run of improving earnings.The state-linked builder of Abu Dhabi’s Formula One circuit, which reported higher profits in nine of the preceding 10 quarters, made a profit attributable to equity holders of Dh649.0 million in the three months to March 31, according to its financial statement.This compares with a profit of Dh568.7m in the prior-year period. SICO Bahrain had forecast Aldar would make a quarterly profit of Dh453.6m.Aldar’s first-quarter revenue was Dh1.23 billion, up from Dh1.18bn a year earlier.The developer, in which state-owned fund Mubadala Development holds a minority stake, revised its earnings statement for the first quarter of 2015 after retrospectively adopting the IFRS 15 accounting policy, it noted in a separate statement to the Abu Dhabi bourse.business@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Abu Dhabi’s Aldar Properties Q1 net profit gains 14.1 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi’s Aldar Properties reported a 14.1 per cent rise in first-quarter net profit on...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-12498","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3fA","jetpack-related-posts":[{"id":21638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q2-net-profit-up-9-7-per-cent\/","url_meta":{"origin":12498,"position":0},"title":"Abu Dhabi's Aldar Properties Q2 net profit up 9.7 per cent","date":"August 2, 2016","format":false,"excerpt":"\r 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,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4783,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q4-profit-rises-9-1-per-cent\/","url_meta":{"origin":12498,"position":1},"title":"Abu Dhabi's Aldar Properties Q4 profit rises 9.1 per cent","date":"February 15, 2016","format":false,"excerpt":"\r \r Abu Dhabi's Aldar Properties reported on Monday a 9.1 per cent rise in fourth-quarter net attributable profit, according to Reuters calculations.The builder of Abu Dhabi's Formula One circuit made a profit attributable to equity holders of Dh760 million in the three months to December 31, Reuters calculated based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-q3-net-profit-up-16-per-cent\/","url_meta":{"origin":12498,"position":2},"title":"Aldar Properties Q3 net profit up 16 per cent","date":"November 8, 2016","format":false,"excerpt":"\r Aldar Properties, Abu Dhabi's biggest publicly traded real estate company, said its net profit in the third quarter increased 16 per cent amid high occupancy at rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property off\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q1-net-profit-gains-15-per-cent\/","url_meta":{"origin":12498,"position":3},"title":"Abu Dhabi's Aldar Properties Q1 net profit gains 15 per cent","date":"May 10, 2016","format":false,"excerpt":"\r Aldar Properties reported a 15 per cent year-on-year increase in net profit for the first quarter of 2016 to Dh654 million.The Abu Dhabi-based developer attributed the increase to a growth in its recurring revenue, which increased by 10 per cent to Dh403m, which was largely due to the fact\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-occupancy-rates-boost-net-profit-for-aldar-properties\/","url_meta":{"origin":12498,"position":4},"title":"Higher occupancy rates boost net profit for Aldar Properties","date":"November 8, 2016","format":false,"excerpt":"\r Aldar Properties, Abu Dhabi's biggest publicly traded real estate company, said its net profit in the third quarter increased by about 16 per cent amid high occupancy rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fourth-quarter-profit-at-abu-dhabis-aldar-gets-boost-from-property-portfolio\/","url_meta":{"origin":12498,"position":5},"title":"Fourth-quarter profit at Abu Dhabi's Aldar gets boost from property portfolio","date":"February 15, 2016","format":false,"excerpt":"\r \r Lucy BarnardA jump in the value of Aldar's investment properties boosted its fourth-quarter results on Monday, as the company continues to position itself as Abu Dhabi's biggest landlord. Profit at Aldar Properties rose 5.6 per cent in 2015 compared with a year earlier, the company stated on Monday.Aldar\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/12498"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=12498"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/12498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=12498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=12498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=12498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}