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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




Tags: Dubai | Deyaar |

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