Dubai’s Emaar Properties registers USD234.36m net profit in Q4

05 Mar 2015

(MENAFN) Dubai’s Emaar Properties registered a USD234.36 million net profit in the fourth quarter of 2014, compared to USD205.78 million year-on-year, Arabian Business reported.

Revenue for the same quarter reached USD775.78 million, marking a jump from the USD751.28 million recorded the year before.

The firm’s annual profit reached USD895.55 million in 2014, against the USD699.56 million a year earlier.

“2014 was a robust year for Emaar as we recorded positive growth across each of our three core businesses,” the chairman of Emaar Properties said.

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