Dubai – Mubasher: Dubai Properties said its board recommended 8% bonus shares on an 8-for-100 basis for fiscal year 2016, according to a bourse filing.
The company's profits fell 51.4% to AED 211.42 million in 2016, compared to AED 434.61 million in 2015.
Profits reached AED 65.27 million in the fourth quarter of 2016, compared to AED 276.44 million in Q4-15.
