• HSBC

Aldar reports 9-month profit

  • United Arab Emirates: Wednesday, October 28 - 2009 at 11:51

Abu Dhabi-based Aldar Properties has reported net profit of Dhs1,569m for the first nine months of 2009, with gross revenues of Dhs1,740m during the period. Developments under construction had increased significantly by 58.1% to Dhs36,266m, representing a net asset value per share of Dhs6.68 against Dhs6.22 as at 31st December 2008, the company said. The developer said its total net asset value rose 7.4% to Dhs17,223m in the first nine months of the year.

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