Financial Results
Hedge Funds & Alternative Investments
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Missing analysts' estimates Damac reports 21 per cent plunge in second quarter profit
Damac Properties, the Dubai-based real estate developer and business partner of US President Donald Trump in the emirate, said second quarter net profit fell 21 per cent, missing analysts' expectations, on the back of a slowing property market. Net profit fell to Dh704.8 million the three months ended June compared…
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