FINANCIAL NEWS

Nakheel net profit boosts 58 pct in 9 months

07 Oct 2013

(MENAFN) Net profit of the Dubai-based Nakheel boosted 58 percent in the first nine months of the current year reaching USD0.48 billion, according to The National.

The companys net profit jumped from USD0.30 billion in 2012 to USD0.48 billion in the current years first nine months.

The company is working on the project of building 3000 new homes that are expected to be completed by the end of 2013.

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