FINANCIAL NEWS

Dubai-Deyaar posts 22.5pct grow in Q3 revenues

24 Oct 2016

(MENAFN) Dubai’s Deyaar Development recorded 22.5 percent increase in third quarter net profit as revenue surged.

Moreover, the firm made a profit of USD15.4mn in the cited period.

In addition, the company recorded a profit of 46.1mn dirhams in the same period of 2015.

Meanwhile, revenues rose to 126.3mn dirhams in the quarter, up from 25.3mn dirhams in the same period of last year.

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