FINANCIAL NEWS

Dubai’s Deyaar profit drops by 17.8 percent in Q2

21 Jul 2016

(MENAFN) Dubai developer Deyaar registered a 17.8 percent decline in its second quarter net profit.

Furthermore, the firm made a profit of USD16.4mn in the three months to June 30, as stated in an earning’s statement.

On the other hand, last year’s net profit for the firm reached USD 19.97mn in the cited period.

The company made a profit of USD 30.32mn in H1 of this year, a drop from USD 35.87mn in 2015.

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