DAMAC sees stable sales in 2017

Dubai – Mubasher: DAMAC Properties' chairman expected that the value of the company's sales will stabilise in 2017, compared to 2016.

Hussain Sajwani added to CNBC Arabia on Tuesday that the company intends opening the golf course by the last quarter of 2017.

The company's sales surged 241% to AED 5.634 billion by the end of the fiscal year of 2015.

Net profits hiked 30% in 2015 to reach AED 4.51 billion compared to 2014.

Mubasher Contribution Time: 17-Jan-2017 13:06 (GMT)
Mubasher Last Update Time: 17-Jan-2017 13:06 (GMT)