{"id":4730,"date":"2016-02-14T20:08:57","date_gmt":"2016-02-14T13:08:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=4730"},"modified":"2016-02-14T17:52:23","modified_gmt":"2016-02-14T10:52:23","slug":"rising-sales-boost-arkans-2015-profit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-sales-boost-arkans-2015-profit\/","title":{"rendered":"Rising sales boost Arkan's 2015 profit"},"content":{"rendered":"


\n
\nArkan Building Materials reported a 26 per cent increase in net profit last year, thanks to higher sales volumes, renegotiated supply contracts and production cost cuts, the company said yesterday. Full-year net profit rose to Dh101.1 million from Dh80m a year earlier, the company said in a statement. Revenue edged up 17 per cent to Dh876.9m from Dh751.8m. The company said it has increased its market share and exports to the Arabian Gulf region, Africa and Asia.
\n“As we look ahead to the coming year, we will continue to capitalise on our position as a market leader in Abu Dhabi and expand our markets both across the UAE and internationally,” Jamal Al Dhaheri, the chairman, said in the statement. “We are confident that our sustainable strategy will allow us to continue growing despite more challenging market headwinds.”The company last year provided building materials to projects that included the new Presidential Palace in Abu Dhabi, the new terminal at Abu Dhabi International Airport and the housing projects for Emiratis on Yas Island.
\ndalsaadi@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Rising sales boost Arkan’s 2015 profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arkan Building Materials reported a 26 per cent increase in net profit last year,...<\/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-4730","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\/p75ss1-1ei","jetpack-related-posts":[{"id":104461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-first-half-profit-rises-29-per-cent-propelled-by-surging-home-sales-in-hong-kongs-property-bull-market\/","url_meta":{"origin":4730,"position":0},"title":"New World\u2019s first-half profit rises 29 per cent, propelled by surging home sales in Hong Kong\u2019s property bull market","date":"February 27, 2019","format":false,"excerpt":"\r New World Development, Hong Kong\u2019s fourth-largest developer by value, posted the biggest jump in interim earnings in two years, propelled by rising home sales in the first half of its financial year, as it cleared unsold property off its books before a proposed vacancy tax takes effect.The developer\u2019s core\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","url_meta":{"origin":4730,"position":1},"title":"Country Garden posts better-than-expected profit, up 22 per cent","date":"March 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong house sales in smaller cities. Core profit, which excludes valuation gains and foreign exchange losses, rose 22 per cent from a year earlier to 12 billion yuan, the company said in a statement to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales\/","url_meta":{"origin":4730,"position":2},"title":"Hong Kong developer Shui On sees 38pc rise in annual profit on robust mainland sales","date":"March 22, 2017","format":false,"excerpt":"\r Property developer Shui On Land has delivered a 38 per cent rise in annual profit, on the back of robust mainland project sales. The company said on Wednesday its profit attributable to shareholders was 1.1 billion yuan (US$159.5 million) for the year ended 31 December 2016, up from 788\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/egypts-palm-hills-reports-128-rise-in-q4-profit\/","url_meta":{"origin":4730,"position":3},"title":"Egypt's Palm Hills reports 128% rise in Q4 profit","date":"February 7, 2016","format":false,"excerpt":"\r \r Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 per cent rise in fourth-quarter net profit to 203.5 million Egyptian pounds from 89.2m pounds in the same period in 2014.The company posted a 192 per cent rise in net profit of 1.03 billion pounds for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kerry-properties-core-profit-down-21-per-cent-on-lower-sales\/","url_meta":{"origin":4730,"position":4},"title":"Kerry Properties\u2019 core profit down 21 per cent on lower sales","date":"March 18, 2016","format":false,"excerpt":"\r Kerry Properties said its underlying profit plunged 21 per cent last year due to lower property sales in Hong Kong and mainland China.\r \r Source : South China Morning Post\r Read more...Kerry Properties\u2019 core profit down 21 per cent on lower sales","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-properties-q1-profit-up-50-despite-lower-income\/","url_meta":{"origin":4730,"position":5},"title":"Union Properties Q1 profit up 50% despite lower income","date":"May 10, 2016","format":false,"excerpt":"\r Union Properties reported a 50 per cent year-on-year increase in first quarter profit, despite lower income, the Dubai-listed firm said. Net profit attributable to equity holders in the three months ending March 31 reached Dh42.1 million, up from Dh28.1m in a year-earlier period, the company said in a statement\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\/4730"}],"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=4730"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4730\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}