Financial Results
Property & Real Estate
Uncategorized
Damac’s Q2 profit drops 87% as revenue declines and expenses rise
Dubai's Damac Properties reported a 87 per cent slide in second-quarter net profit on the back of lower revenue and rising expenses as well as costs. Net profit attributable to the owners of the company for the three-month period ending June 30 dropped to Dh50.6 million, the company said on…
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