Browse related articlesEmaar Q1 profit falls 3.8%
United Arab Emirates: Thursday, April 17 - 2008 at 07:36
Dubai-based developer Emaar Properties, the largest Gulf real estate company by market value, posted its second decline in profit in three quarters, falling 3.8% to dhs1.66bn ($451m) due to a drop in revenues from its US subsidiary. Earnings per share were 1.08 dirhams, unchanged compared with the year-earlier period. Revenue fell dhs80m to dhs3.96bn, the company said.
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Jeff Florian, Senior ReporterThursday, April 17 - 2008 at 07:36 UAE local time (GMT+4)
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