Dubai – Mubasher: Amlak Finance reported a 88.1% year-on-year decline in its profits during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 6.72 million ($1.83 million) in Q3-16, compared to AED 56.65 million ($15.42 million) in Q3-15.
In the first nine months of 2016, profits rose 32.1% to AED 94.15 million from AED 71.28 million in the same period of 2015.
