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Union Properties posts Dhs198m loss in H1
- United Arab Emirates: Saturday, August 15 - 2009 at 10:23
Union Properties has announced losses during the second quarter of this year, amounting to Dhs227.95m, a reversal from its year ago earnings of Dhs317.71m, Khaleej Times has reported. During the first half of 2009, Union Properties posted a net loss of Dhs198m compared to a net profit of Dhs556.1m during the same period in 2008.
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Medilyn Manibo, Assistant News EditorSaturday, August 15 - 2009 at 10:23 UAE local time (GMT+4)
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