FINANCIAL NEWS

Dubai Holdings H1 net profit up to USD707.84m

04 Oct 2015

(MENAFN) Dubai Holding Commercial Operations Group (DHCOG) announced its financial results for the first six month of the year, showing a continuous operation progress.

The company saw a net profit surge of 24 percent to USD707.84 million in the January-June period of this year, up from USD571.72 million registered in the same period a year earlier.

“As Dubai gears up to become the most productive hub in the world, we have embarked on several initiatives to continue to develop strategic sectors vital to Dubai’s economy,” Vice-Chairman and Managing Director said.

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