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Emaar posts Dhs655m Q3 net profits
- United Arab Emirates: Saturday, October 24 - 2009 at 11:00
Emaar Properties has reported a net operating profit for the 3rd quarter (July to September) at Dhs655m, 48% higher than the second quarter's operating profit of Dhs442m. Emaar attributed the increase in profits to higher margin relating to hand over and scheduled delivery of Alma townhomes in Arabian Ranches during the third quarter.
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