Deyaar's Midtown project in Dubai.
Deyaar Q1 net profit falls 7.6pc
DUBAI, April 21, 2016
Dubai's Deyaar Development reported a 7.6 per cent fall in first-quarter net profit on Thursday.
The company made a profit of Dh51 million ($13.89 million) in the three months to March 31, it said in a statement.
Deyaar did not state its profit for the prior-year period, but Reuters data shows the developer made a net profit of Dh55.2 million ($15.02 million) in the first three months of 2015. - Reuters