Dubai-Mubasher: Emaar Malls Group posted an 11% rise in net profits in the second quarter of 2016, to AED 458 million ($125 million), compared to AED 412 million ($112 million) in the same quarter last year.
As for the first half of 2016, profits increased 17%, to AED 987 million ($269 million) from AED 845 million ($230 million) in the first six months of 2015, thanks to the growth in revenues.
In Q1-16 profits reached AED 529 million ($144 million), compared to AED 433 million ($118 million) in Q1-15.
