Dubai - Mubasher: Deyaar Development on Wednesday recorded a 17.8% decline in net profits in the second quarter of 2016 to AED 60.34 million ($16.42 million), compared to AED 73.44 million ($19.99 million) in the same period last year.
Profits also declined 15.5% in the first six months of the year, to AED 111.37 million ($30.33 million), compared to AED 131.75 million ($35.88 million) in H1-15, according to a filing to the Dubai financial market (DFM)
