Deyaar Development posts 3% profit rise in FY15

Dubai-Mubasher: Deyaar Development posted net profits of AED 291.4 million ($79.32 million) in the fiscal year 2015, a rise of 3% from AED 281.9 million ($76.73 million) in the fiscal year 2014, according to a bourse filing on Wednesday.

Operating profits increased to AED 141.42 million in FY15, compared to AED 236.72 million in FY14.

Mubasher Contribution Time: 27-Jan-2016 05:38 (GMT)