Financial Results
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Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit
Abu Dhabi’s Aldar Properties posted a 22 per cent increase in Q1 2023 net profit to $228m (Dhs836m), driven by robust demand from both international and resident expat buyers, with record quarterly development sales of Dhs4.5bn. The property developer’s revenues surged by 14 per cent to Dhs3.1bn in Q1 2023,…
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